It costs about$60 or more to produce a barrel of shale oil. West Texas Intermediate (which is not shale and cheaper) is $61. So yeah, most shale production will pause. But there's a very bright side to all this.... It's crushing Putin's war wallet.
I read the article. Don't really know what it means bottom line but I can read gas pump prices just fine. They bumped up again recently. Currently 50cents higher since trump took office.
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