The EIA has some news on nat gas today - first shale production decline since 2000 since they started tracking it. Low prices eventually do have an effect, but takes a long time for gas since so much of it is based on the idea that it's a "byproduct" of oil production. When the cost to gather, transport, treat, compress, and process it is high enough that it turns into a cost center maybe it's time to work out how that affects oil economics.
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'' When the cost to gather, transport, treat, compress, and process it is high enough that it turns into a cost center maybe it's time to work out how that affects oil economics. ''
Correct . Nobody pays attention to the total cycle cost .