[ontap]

Capitalism at work. The market is adjusting to artificially high rates. The $40.00 dollar a barrel figure is what Rex owns up to I believe they can exist lower.

[MrB]

I’ve got some 55’s begging to be filled at $1.50 a gallon...

[thackney]

You will notice he doesn’t claim they will produce the same amount as today, or invest the same amount in future production. But they won’t fail as a company.

Others will, and the US production will fall, then the prices will rise again, and some the ride continues.