GREY:LSTMF - Post by User
Comment by
RE38on Aug 24, 2015 7:20pm
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Post# 24047486
RE:western canadian select $18
RE:western canadian select $18chantal2468 wrote:
why are these idiots still producing so much??
Because if they stop (they being the biggers players like CPG, SU etc), they can't pay their dividends or service capex costs or most importantly pay the management teams their big fat paycheck. Oil production is only going to go down when companies like LTS and PWT are forced to stop production due to insolvency - this stock is going to zero.