3 ms·

now that oil is so expensive shouldn't all the fracking wells come back online? i thought for sure there was a price ceiling on a barrel of oil at around $75. M

now that oil is so expensive shouldn't all the fracking wells come back online? i thought for sure there was a price ceiling on a barrel of oil at around $75. Maybe it happened too fast to bring that capacity back online?

graphpercolator 5y ago
For sure. $100 dollar oil makes a ton of supply profitable. It just won't be here tomorrow though.