Yep agree us is fd at 30. At 60 eagle-ford or others could...

  1. throwawayaccount
    277 Posts.
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    24/02/16
    19:33
    Post #: 17107612
    Yep agree us is fd at 30.
    At 60 eagle-ford or others could probably do new ones well with a profit.

    Currently saud needs what, 60-70ish to balance it's books long-term?

    The excess will get wiped from the market and those that over leveraged into the marginal areas will probably go under.

    At the prices opec needs long-term, I reckon there will be a surprising amount of us production, that'll only increase over time.
    SXY Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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