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Red River Valley | Jon here is an article for you -- One needs to remember that Oil Companies have contractual obligations and not fulfilling them will cost more than drilling at $30.00 will.
http://www.zerohedge.com/news/2015-03-21/perfect-storm-oil-hits-two...
Drilling prices are starting to drop as rigs can't sit they need income also.
wages are dropping also lets see I was making $8k a month and now I'm getting $1,000 Unemployment -- boss called and said I can come back to work for $5k a month what should I do. HMMMMMMMMMMM | |
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