A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
27170 Members
See All
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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11.8K
"It appears that OPEC has finally won its long war against shale oil as beaten up investors seek their fortunes elsewhere."
"It appears that OPEC has finally won its long war against shale oil as beaten up investors seek their fortunes elsewhere."
"Investment in shale oil companies has finally collapsed even as oil prices levitate. It has been a long time coming. The industry would like you to believe that it is now showing “restraint” in its capital spending. But, to use a dieting analogy, there is a big difference between watching what you eat and having your jaw wired shut. The industry has experienced the equivalent of the latter in the capital markets."
"Investment in shale oil companies has finally collapsed even as oil prices levitate. It has been a long time coming. The industry would like you to believe that it is now showing “restraint” in its capital spending. But, to use a dieting analogy, there is a big difference between watching what you eat and having your jaw wired shut. The industry has experienced the equivalent of the latter in the capital markets."
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