SWP's back
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- Joined
- 29 Jun 2009
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- 88,777
That would make sense.Presumably they are the higher cost producers, leaving the lower cost ones which would bring down the average cost.
Here we go, been a bit of a blood bath
http://www.cnbc.com/2016/01/11/half-of-us-shale-drillers-may-go-bankrupt-oppenheimers-gheit.html