With oil dropping below $60 a barrel they're dropping below the break even on the Permian Basin. They can shut down fracking rigs in hours with a phone call and then lay those guys off in days. Red State is going to be on the leading edge of all this
With oil dropping below $60 a barrel they're dropping below the break even on the Permian Basin. They can shut down fracking rigs in hours with a phone call and then lay those guys off in days. Red State is going to be on the leading edge of all this
With oil dropping below $60 a barrel they're dropping below the break even on the Permian Basin. They can shut down fracking rigs in hours with a phone call and then lay those guys off in days. Red State is going to be on the leading edge of all this