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 - Tractor Profile: Allis-Chalmers Model G - by Staff. The first Allis-Chalmers Model G was produced in 1948 in Gasden, Alabama, and was designed for vegetable gardeners, small farms and landscape businesses. It is a small compact tractor that came with a complete line of implements especially tailored for its unique design. It featured a rear-mounted Continental N62 four-cylinder engine with a 2-3/8 x 3-1/2 inch bore and stroke. The rear-mounted engine provided traction for the rear wheels while at the same time gave the tractor operator a gre
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