Would cheaper cost in fuel help the shale industry in regards of costs in cheaper fuel for transportion ? Fuel to run rigs ? Fuel for trucks that bring equipment to the rigs and oil fields ? The whole infrastructure ?
There must be a silver lining in all of this.
“Would cheaper cost in fuel help the shale industry in regards of costs in cheaper fuel for transportion ? Fuel to run rigs ? Fuel for trucks that bring equipment to the rigs and oil fields ? The whole infrastructure ?
There must be a silver lining in all of this.”
Nice thought but the over-aching problem of weak commodity pricing will not overcome this.
Income loss is much greater than cost improvement.
I think the savings in cost would be a very small sliver of the loss in profit.