Sat.. be honest.  It's not the spec money.  It cost REAL $$$ to drill in the Bakken.. If you SOMEHOW lower Crude prices.. "30-40-50 dollars" you SHUT DOWN the Bakken.. plain and simple.  .

Kapoot.. Good-bye.. see ya later.  If ya don't trust me.. try the Wall Street Journal..

http://online.wsj.com/article/SB10001424127887324296604578177432510742360.html

That's REAL $$$ being spent.. to bring REAL CRUDE to market.. IT COST BOOKOO $$$$$$$ to do it.

Now Look at Crude DEMAND.. specifically in China.

http://www.indexmundi.com/energy.aspx?country=cn&product=oil&graph=consumption

In 1990 they were using 2.3 mln bbls per day.. in 2000 4.8 mln bbls/day.. in 2010..9.4 mln bbls/day..

Do you see a trend?

China now imports about 2/3rd's of it's useage.

http://english.peopledaily.com.cn/90778/8090339.html

Even if we lower our imports.. China takes them.. and more.

It's not Spec Funny Money driven.. it's the world's most populous country coming into the 21st Century.. in short.. a billion plus Chinamen want to live like Americans..

including the polluted air quality..

http://azstarnet.com/news/science/environment/air-pollution-in-beijing-is-so-bad-it-s-off/article_f6b96f74-facd-5b34-8401-6424b254453f.html

It's the same stuff we endured.. until (can't believe I'm typing this.. ) EPA got involved and cleaned things up.

This is a mega-trend.. it's not turning quickly.. everyone will just have to adjust to it.