Helping America Navigate a New Energy Reality

Quote of the Week – 23 Dec 2014

By on 22 Dec 2014 in quotes

“[Drilling] Costs are falling nearly as fast as the price, which means oil producers can spend less to get the same or potentially even more in terms of production. While reductions in capex are coming faster than expected, it is unlikely to translate into less supply.“
 
— Goldman Sachs report [dartboard alert]

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