TSX:SGY - Post Discussion
Post by
Carjack on Dec 06, 2023 3:10pm
Jeremy McCrea
With WTI breaking below $70, something to keep in mind: This is the Dallas Fed Survey, asking US E&Ps what their Break-Even oil price is in their two top plays. Last year it was $62. Assuming 10% inflation, we're likely closer to $68 and close to where prices are now. Essentially, $70 is the new $50 and likely where U.S. growth starts to slow
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