Btw, the "us" is the oil industry, not $pxd
Show this thread
Holy moly, this quote. Scott Sheffield, of Pioneer Natural Resources, to the Railroad Commission of Texas. "No one wants to give us capital because we have all destroyed capital and created economic waste."
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
well let me get out my checkbook
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Also: check out my
@wsj story pubbed this morning on falling demand, filling storage:https://www.wsj.com/articles/thirst-for-oil-vanishes-leaving-industry-in-chaos-11586873801?mod=searchresults&page=1&pos=1 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Rare honesty.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This is going to be gold for quotes. Like Mark Berg on cutting production creates storage. It’s like magic.
-
We're 30 mins in and there's already enough for a PhD or a Michael Lewis book. I really hope
@TexasMonthly is all over this.
End of conversation
New conversation -
-
-
It's true, Imagine the frustration of being an oil molecule. You sit there patiently for millions of years and then get sucked up and sold for < $20/bbl by idiots who could get 3X that if they just had some discipline to wait
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Yep, I heard him say it. Also from Pioneer: "The Law is Clear: the
@txrrc MUST prorate"Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
One of the best minds in the business.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.