Originally Posted by
sailingfun
If oil goes to 100 I am sure they will still make a profit. They will do it however by limiting block hours to drive yields up.
There is no chance of oil going to $100 GSZG/Jerry said we would be riding high with oil below $30 a barrel. Are you saying he is wrong?
A quick google search shows the US is now number two in oil production in the world passing Saudi Arabia in 2018 Q1. According to a couple sources on the inter webs advance in fracking technology make it profitable at around $45 an As for future prices I have no idea where they will head. Projects call for $70ish for this year and next