What Oil Price Is Sustainable? | Seeking Alpha
This is a very good article about what oil prices are sustainable. We need to know this so that we can invest properly in oil companies. For example, the author presented a table of break-even costs in various areas of American oil production. Eagle Ford is a lower cost area of production compared to the Bakken. Therefore, we should be investing in Eagle Ford companies more than Bakken oil companies because $60 oil may be an average price of oil for a long time.
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