Don't forget oil companies have bean counters. If a company can't project black ink in 2015 the smaller oil companies are going to curtail drilling plans and production plans. It is economics at work. They will lose money below a certain per barrel price point. Economics governs a small company more than a big one. The big boys will likely plow right through this as they have millions in past profits and cash reserves to draw from. The new small company's not so much. In the price territory we are in now you will see some small players drop out maybe temporarily but drop out enough to reduce US oil supply on the market. If you are a small company you can't operate at a loss for very long. And we have several new small players in the fracking business.
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Today's Featured Article - Show Coverage: Central Illinois Strawberry Festival - by Cindy Ladage and Janna Seiz. Every year the coming of summer is highlighted by different events for different people. For some, it is heralded with the end of school, tilling the garden, or completion of the planting season. To us, connoisseurs of find food, antique tractors, farm toys, crafts, and downright fun, the annual Strawberry Festival means summer is here. Every year, in Carlinville, Illinois, the Macoupin County Historical Society and the Macoupin Agricultural Antique Association team up to fill th
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