Quote:
Originally Posted by Goooh
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The Gulf will always be safe for "production"
As long as we can sell oil and gas we will be fine , but I flew over 12 stacked rigs yesterday and that is the most there since 2011 oil spill
Chevron / Exxon / shell can still pay drilling cost vs lifting cost
All this land drilling cost lots and is mostly done by small company's that can not afforded low oil prices vs the cost to drill