Originally Posted by
flysnoopy76
Alaska, along with everyone else, will be fortunate to stave off bankruptcy this time around if we ultimately see sustained oil prices in the $200 range. As has been mentioned it will be all about survival and it won’t be pretty for employees.
How is oil going to stay anywhere near $200?
Will all of the world's producers simply decline to develop any of the reserves which will become economical over $100/bbl? Why?