re: 75$ is the magicDo you have any proof ? Or do you always pull sh*t out of your as*? Go back to the financial report for QA , these companies are profitable even at 50$ WTI , even at 47$ , although the margin is thin hair and won't cover the dividend at those prices ( yes before hedge ). Plus with lower crude comes lessen Costs. So soon they might be able to make a buck or two even at 44$ . As they are renegotiating the drill and service cost which could drop as much as 20% to 25%. Plus if the prices stay low they will cut on salaries and Staffs while relatively keeping the same production. Add to the new and improved technologies So in long term some companies will be able to make profit with a thin margin even at 40$.