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<p>[QUOTE="V. Kurt Bellman, post: 2295942, member: 71723"]Yes, I keep hearing people arguing "you can't stay below the all-in cost of production". Yes you can. Low cost producers survive and high cost don't. See Saudi Arabia vs. Shale Oil. The fact is that all that needs to happen is for stacking to stop taking its current demand share and we can do without lots and lots of current producers. And what happens when paleos even older than I am start assuming ambient temperature? Oversupply of the type I keep seeing locally month after month after month. My area is swimming with stacker types dying like flies and the auctions are thick with the stuff that can be bought below melt regularly.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 2295942, member: 71723"]Yes, I keep hearing people arguing "you can't stay below the all-in cost of production". Yes you can. Low cost producers survive and high cost don't. See Saudi Arabia vs. Shale Oil. The fact is that all that needs to happen is for stacking to stop taking its current demand share and we can do without lots and lots of current producers. And what happens when paleos even older than I am start assuming ambient temperature? Oversupply of the type I keep seeing locally month after month after month. My area is swimming with stacker types dying like flies and the auctions are thick with the stuff that can be bought below melt regularly.[/QUOTE]
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