Hey Oilfield Guys!!

[Legdog]

$42.85 is the new low.

Have to go back to 2009 to see this level.

[KR-oldmexico]

$42.85 is the new low.

Have to go back to 2009 to see this level.

I just noticed that and was looking back when your post came through! No good!!

[gingib]

what did it close at yesterday?

[Legdog]

what did it close at yesterday?

Previous close was $44.84

[BowOnly81]

I haven't heard of anything, just guessing though I'd say some engineer thinks he's found a way to get a pump into the horizontal to get that frac water out faster. Who's the company?

EP Energy

[Boomerang]

Commodities »
Price % Change
Light Crude 42.79 -2.48%

[Legdog]

Commodities »

Price% Change

Light Crude42.79-2.48%

Yeah, hold on to your hat.

I see $42.63 as the low so far today with a current bid/offer of 43.03 - 43.04

It's bouncing a little but doesn't look good.

[txoutdoorsman24]

What a ride today. Bounced all over the place.
Closed at 43.46.

[antonlsu]

This isn't good..

[Pedernal]

Prayers up for you oil field guys!

[#11]

Oh man.

[JMalin]

Who didn't see this coming? Good luck to everyone still in the patch. We're going much lower from here

[Legdog]

$42.05 low so far. Need some buyers stat.

[1369]

Has the OPEC cartel lost its influence?

The dramatic decline in oil prices over the past six months is unlikely to reverse itself for the foreseeable future, and indicates that OPEC has lost control of the market, according to a panel of experts at a recent Legg Mason-sponsored advisor forum near Los Angeles.

[RiverRat1]

Who didn't see this coming? Good luck to everyone still in the patch. We're going much lower from here

Since you're so sure how much and what have you shorted? Or are you just full of BS?