Follow Dan on: @dandoyleoil Frac’ers never want to admit that they’re idle, but we’re idle. We need producers to work and right now they’re not working very much. Blame that on low natural gas prices, high interest rates, capital reallocation, stock buybacks, outsized dividends, election year follies, declining lease quality, burdensome regulations, or whatever other reason you like, but producers just aren’t working much these days. Inflation hasn’t helped our cause either. $58 oil in 2018 is the equivalent…
Hence then, the article about frackers plagued by ultra thin margins was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Frackers Plagued By Ultra-Thin Margins )