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Monday, May 18, 2020

Flashback: Surge Of New Bakken Operators During Last Saudi Surge In Production -- May 18, 2020

Announced sometime in 2014, and continuing through 2016, Saudi Arabia tried to destroy the US shale sector by flooding the world with oil.

Surge of new operators, late 2015; through 2016 (all one link).

It will be interesting to see what happens this time around.

Although no longer in the Bakken, the company I am perhaps most interested in right now: OXY (not as an investment but as spectator sport).

Disclaimer: this is not an investment site.  Do not make any investment, financial, career, travel, job, or relationship decisions based on what you read here or think you may have read here.

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