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Crude Oil WTI Futures - May 24 (CLK4)

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82.59
+1.24(+1.52%)
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Crude Oil WTI Futures Discussions

rig count down 6 weeks in a row. bottlenecks. we may be nearing peak us production
I’m going to propose The Rig Company to Elon.
Too funny Marcus. Rig counts is irrelevant with how much efficiency is going up...Truth
 Baloney, you can't possibly believe that. Everyone I've talked to in the business out in the Permian keeps telling me how fast everyone else is drilling & completing, but them. They also keep telling me how their own company projects are busting their AFEs by up to 100% and more overruns. the fact is once again, everybody in the business is lying to everybody else. And by the time June rolls around, nearly every single company will have exhausted their drilling & completion budgets. Is their anyone who doesn't understand what that means in the 2nd half of this year?
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