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Permalink Reply by Charles Randolph on September 11, 2015 at 7:42am

Let's see what Goldman's oil price predictions over the past 2 years were )))))

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LandownerPermalink Reply by rmc on September 11, 2015 at 7:51am

Ha ha might be a safe bet to say the price of oil is going to go up ?

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LandownerPermalink Reply by Jon on September 11, 2015 at 9:55am

To the best of my knowledge shale wells lose most of their production after a few months to a year. Rig counts are way down. It seems like the price should go up quickly?

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LandownerPermalink Reply by Joseph-Ohio on September 11, 2015 at 11:29am

I have a hunch the operator / developer throttling the production back is the real reason behind shale wells 'losing' most of their production after a few months ton a year.

Just my guess on it.

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Permalink Reply by Charles Randolph on September 11, 2015 at 10:00am

On January 15, 2014 Goldman Sachs was predicting $90 oil through January 2015.  Hmmm...

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LandownerPermalink Reply by Jon on September 11, 2015 at 10:32am

Who knows

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LandownerPermalink Reply by Joseph-Ohio on September 11, 2015 at 11:32am

We can only guess.

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LandownerPermalink Reply by Jon on September 11, 2015 at 11:55am

Here's a different arguement

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