Baker Hughes: U.S. oil rig count falls to lowest since Dec. 2011 http://reut.rs/1uknhyO
@ryanfazio it matters a good deal for shale oil bc wells dry pretty quickly (even w efficiency gains). Won't show up immediately, but will.
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@scottlincicome I'm sure it will eventually but don't think much. But why is it materially different than nat gas? -
@ryanfazio oil rigs not as productive as gas in some areas (eg Eagle Ford); also, remember: price is abt future expectation
Fin de la conversation
Nouvelle conversation -
Le chargement semble prendre du temps.
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RTS. You didn't read the article, did you?