Denning: Texas, like OPEC, can’t turn back time for oil April 20, 2020 at 3:10 p.m. Bernstein Research estimates that when oil is at $25, a typical marginal well needs to produce 12 barrels a day just to break even, before counting any natural gas. Two-thirds...
Guest Commentary: This weekend hope in the U.S. shale market died and it’ll have a lasting impact March 9, 2020 at 2:51 p.m. Something died in the oil market this weekend: hope. Or a certain kind of hope exemplified in the U.S. exploration and production business.