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Message: <blockquote data-quote="NodakBuckeye" data-source="post: 49572" data-attributes="member: 714"><p>At 75 there will be more drilling, plain and simple.  Increases will be based on budgets and with this price drop still fresh in their minds there will not be any "Katy, bar the door stuff".  Cheap oil in and of itself does not cause small operators out of business.   Couple cheap oil with no common sense planning, poor choices in leases, tons of debt, lack of proper technique, poor use of resources, poor cost controls, etc.... and it gets ugly.  Just like any industry, not all make it.   The upside is that there will be better technology and methods and cost controls that come out of this that make the survivors more effecient.</p></blockquote><p></p>

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