Just yesterday evening, the exuberance was palpable (in stocks)... today, with WTI collapsing (under $85) to 18-month lows, Energy stocks are being monkey-hammered across the board (S&P Energy sector -4% from yesterday highs)...
As oil prices collapse...
[2]
and the curve flattens drastically...
[3]
So Energy stocks are in freefall...
[4]
But but but the Shale Revolution!!??
Quick grab the cost curve charts...
