Locator: 45316MARKET.
As Jamie Dimon, et al, said: Fitch's AA+ doesn't matter.
Oil and natural gas:
- WTI: up 2.69%; up $2.14; trading at $81.63
- Brent: up 2.25%; just went over $85
- Murban (the "one in demand" right now): up 1.42%; at $86.29
- natural gas: up 3.75%; trading at $2.570
Market:
- CVX: up 1.18%; up $1.88; trading at $161.61.
- BUD: up 1.69%; up 95 cents; trading at $57.16.
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For The Archives
March 16, 2020. Slightly more than three years ago.
Let's say, average price for oil when "they" were drilling Tier 1: $60.
Let's say, average price for oil when majority of new wells are Tier 2: $120.
1000 bbls at $$60 = $60,000.
700 bbls at $120 = $84,000.
My reaction:
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