I didn’t say it would grow at these prices - the shale producers have been flat out surviving.
But I do see shale capping higher prices.
Agree though that shale has pretty much been a disaster for all producers (conventional and those like BHP who bought into the shakstory. So doubly bad for a BHP shareholder)
$50-60 New Normal or U.S Shale Bubble?, page-658
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Last
$6.96 |
Change
0.140(2.05%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.99 | $6.93 | $7.073M | 1.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1169 | $6.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.97 | 40401 | 17 |
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| Last trade - 10.20am 19/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
