Posted 9/6/2015 10:04 (#4773699 - in reply to #4773686) Subject: RE: High Costs of US Shale Oil Production.
SW KS, near Dodge City
Fuel efficiency has offset a lot of increases in total miles driven.
Jon, to your price costs, my brother that's a foreman for an oil company has said they've started scheduling a bunch of fracks again. Not because oil prices went up, but mostly bc fracks costs are now 1/3rd what they were 2 years ago. So, production likely won't tank like people expected.
Not If.. but When..
