Leaner meaner Frackers set to put the hurt to OPEC

[Manonthestreet]

And by extension Russia. Behold The wonders of the market where innovation, flexibility, and accountability to shareholders beats the state every time.

Has OPEC Underestimated U.S. Shale Once Again? | OilPrice.com
With lessons learned from the oil price crash and budgets streamlined and focused on the most prolific shale plays, U.S. drillers are giving OPEC a hard time by raising output and hedging future production. Meanwhile, the cartel members are trying to cut supply and fix the price of oil at such a range that would allow them to reap higher oil revenues, but not allow the shale patch to recover too much too fast.

 

[The Irish Ram]

Sort of proves that Trump could care less about Putin and his reliance on high oil prices. Trump's connection is to his country. Now he has the flexibility to make us great. At Russia's and Iran's expense. Go America.

 

[Manonthestreet]

Stupid Palin

 

[william the wie]

Iran, Russia and China all have trouble. China is expanding in the south China Sea to get $60-80/BBL oil at best.

 

[Manonthestreet]

Trump To Repeal Major Obama Anti-Fracking Rule

 

[william the wie]

Trump To Repeal Major Obama Anti-Fracking Rule

That is wonderful news.

 

[Old Rocks]

And if your drinking water contains toxic chemicals from the fracking, so sorry. Just die, sucker.

 

[Manonthestreet]

And if your drinking water contains toxic chemicals from the fracking, so sorry. Just die, sucker.

Who drinks tap water anymore........

 

[RGR]

And if your drinking water contains toxic chemicals from the fracking, so sorry. Just die, sucker.

Good thing in 60+ years and millions of completions, this doesn't happen much!