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All Eyes on Crude!

Pivotfarm's picture
Submitted by Pivotfarm on 12/11/2014 09:49 -0400



 

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Thu, 12/11/2014 - 11:09 | 5540206 Madcow
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Saudi break even cost of production is $2.

Thu, 12/11/2014 - 10:12 | 5539995 alexmark2013
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With crude at $75 a barrel 19 U.S. shale regions are no longer profitable, according to data compiled by Bloomberg New Energy Finance. http://investmentwatchblog.com/with-crude-at-75-a-barrel-19-u-s-shale-regions-are-no-longer-profitable-according-to-data-compiled-by-bloomberg-new-energy-finance/
Thu, 12/11/2014 - 11:13 | 5540222 LawsofPhysics
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All the roughnecks are going to the bar.  Let them know when it's time to move those rigs...  ...again.

Get long repo companies.

The workers don't give a shit anymore.  The real issue is whether or not the banks that made all those loans will get another bailout.

Thu, 12/11/2014 - 10:45 | 5540105 marathonman
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That's alright.  They'll make it up on volume.

Thu, 12/11/2014 - 10:31 | 5540043 Stained Class
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Where are all the  "But adjusted for inflation...." crackpot statements?

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