oil production trends, fracking, and cheap gas
TRANSCRIPT
Oil production trends, tracking, and cheap gas
Eric Garland
Yay Cheap Gas!
The Boom is from Fracking
It Should Keep Going
Demand for Gasoline might not
Increased supply without Demand =
WTI Crude Prices, 7/2014-12/2014
Fracking is Profitable if oil prices are high
Cost of various types of oil
But oil prices aren’t high
Oh, and tracking is financed by junk bonds
Lots of Junk Bonds
Keep thinking. !
There are implications for your organization in this.
www.competitivefutures.com