Quote:
Originally Posted by ITraffic
since opec wants to crush the fracking revolution don't hold your breath. don't be surprised that by the time they are done the world has moved on energy wise. nothing lasts forever and surprising reversals happen all the time.
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we're going to squeeze every last mother lovin drop of oil outta this planet.
moreover, oil will rebound and skyrocket 10x faster than its dropping and frackers who recently reinevsted will be able to cover their leveraged to the gills asses. fracking is profitable for many frackers @ $55 also. a natural event, a terrorist event, a refinery fire, politics, a wind change and oil is back at $100 a barrel and fracking is just another way to get it.