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Oil price predicted to fall to $60 unless OPEC cuts back

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    #21
    I would guess shale oil projects would be the first to be put on hold pretty spooky decline rates and costs also makes the eventual peak production rollover that much sooner.

    Very very bad for western canada if that external capital flow dries up.

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      #22
      Dropped 2 dollars this morning ahead of the big meeting.

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        #23
        I am driving East of Weyburn right now and hardly any of the oil pymps are pumping, like about 1 in 10.

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          #24
          No, no that's oil pimps. LOL

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