Monday, December 1, 2014

Oil: Citi On the Breakeven Price For Every Drilling Project In the World

Via Business Insider:

http://static1.businessinsider.com/image/5478971b69bedd1f6b9bd367-960/citi-breakevens.png
...MORE

And from 2012:
 Goldman Sachs on Oil Prices to 2016 with Breakeven Prices For the Top 360 Projects
via our post, "There is a Hell of a Lot of Oil Sloshing Around":
Brent futures $108.23, WTI $$85.90....
...In the words of analyst (and engineer) Montgomery "Scotty" Scott:

We're going down, Captain.