Quote:Oil feel under $27 a barrell today imagine if it gets down to $10?

I really can't see that happening unless one more unlikely domino falls in place (saudi releasing their extra capacity, reservoir innovation that flattens decline curves, US company government assistance). Of course I also didn't think it would drop below 35$, so I'm not one to talk.


I knew this would happen when I got into O&G, but I was hoping it would hold off until my wife finished med school. Bad timing right now. Look for supermajors to have a fairly significant round of layoffs by mid year, especially in the project groups. At this point they're just trying to finish up their major projects to start getting some positive cash flow to stem the bleeding....

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