- S. shale had already been in serious decline as West Texas wells aged and the gush of the shale revolution. Now, with the oil price crash, the Permian Basin has been burdened with bankruptcies and tens of thousands of fired and furloughed employees. So when we are able to return to business as usual, there will likely be a shortage of spare capacity. Low supply, high demand. That’s how these things work. Keep an eye out for $100 barrels coming down the pike.
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Lmao they said that last time too.......but here we are, still waiting on that high dollar oil to come back.
LOL
Yes, and I've got some ocean front property to sell you in Idaho
Yes, and I've got some ocean front property to sell you in Idaho