Found that Foxnews reporting that the recent "dip" in oil prices is threatening the Bakken, from what I recall, the bottom line of the Bakken has always been at $60, and I would think that with the years they've had to perfect some of the extration methods used, it would be lower than that at this point: See here http://www.foxnews.com/us/2012/11/13/dip-in-oil-prices-poses-possible-threat-to-north-dakota-bakken-shale-formation/
Found that Foxnews reporting that the recent "dip" in oil prices is threatening the Bakken, from what I recall, the bottom line of the Bakken has always been at $60, and I would think that with the years they've had to perfect some of the extration methods used, it would be lower than that at this point:
ReplyDeleteSee here
http://www.foxnews.com/us/2012/11/13/dip-in-oil-prices-poses-possible-threat-to-north-dakota-bakken-shale-formation/
-RC
Yes, this issue comes up periodically.
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