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What $55 oil looks like to a U.S. producer
en-usDecember 17, 2014
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About this Episode
Breitling Energy CEO Chris Faulkner says only half of the U.S. oil fields are profitable for producers once oil reaches $50 per barrel. And at $40, only a few are. Faulkner also sees oil prices rebounding next year, but not enough to make it worth the pain OPEC has inflicted on itself.
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