RE: Shale??30 Sep 2021 00:20
I'm with you Savemore, And Eric Nuttal is too.
Of course they can put some back, but nothing like before !
Their way of thinking has changed. It has had too. Revenue is NO longer King. The real easy (cheapest) oil to extract has almost gone. Being profitable is the new buzz words.
OPEC rules again. However these OPEC boys need to get the cheque books out and spend otherwise their production capacity will fall too.
Yep, I was 6 years too early investing in oil stocks. However, now is the time !
The Party is just getting started.