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Abraxas Petroleum Corporation

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Msg  10097 of 10115  at  12/6/2018 6:18:09 PM  by

Allentownjeff


 In response to msg 10093 by  mktownson
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Re: Leverage E&P's

"Pushing it below parity"
What does that mean? If you are suggesting OPEC needs to extract monopolistic pricing, then say so. Good luck with that, OPEC is losing that ability more and more . It's the fracker's own fault that they pursue a business where they're among the high cost producers and operate without financial discipline. If you want higher prices why don't you suggest the frackers reduce their production. Unlikely they'll do so since capital destruction has been the fracker mantra for quite some time and now that the tide is going out we'll soon learn who has been swimming naked.


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Msg # Subject Author Recs Date Posted
10099 Re: Leverage E&P's mktownson 1 12/7/2018 6:54:53 PM


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