RE:gas drilling continuing; texasthis says it all, high grading is the only way to make some money in this market but again they are not making that much money, maybe enough to coer interest on their loans.
they are burning the furnture to keep warm, and that can only last so long.
they are giving away the crown jewels to buy food and water, drilling their best reserves and selling for the lowest prices in 5 years.
that's says it all.
Low prices will take of low prices, well in theory and sooner or later, looking more and more like later, but hey what else do we have to do.
Go Blue Jays