Brent vs WTI = $25/bbl
Posted: Sat Oct 15, 2011 2:21 pm
Here is a good article on why trucking oil from Cushing, Oklahoma to the Gulf Coast is not going to resolve the glut at Cushing.
http://www.reuters.com/article/2011/10/ ... OP20111014
Trucks are in very high demand in the Eagle Ford. I saw an estimate that 4,000 fluid hauling trucks are needed just for the Eagle Ford to meet next year's announced drilling programs.
http://www.reuters.com/article/2011/10/ ... OP20111014
Trucks are in very high demand in the Eagle Ford. I saw an estimate that 4,000 fluid hauling trucks are needed just for the Eagle Ford to meet next year's announced drilling programs.