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Nov 25, 2014
1:05:38pm
Maybe so, but I don't think you'll get to many new wells/operations at $40 per
barrel. Even if some of them can eke out a small profit at that level, it would put a damper on new investment. They would also have to operate on a shoestring budget with margins that thin, cutting out extra costs, like overtime pay, where possible.
Japan Coug
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Japan Coug
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