The real pain will come in a year or so - as other countries are experiencing a high oil price, they are starting to invest capital in production growth again, and increasing their Cap Ex budgets (as the prices in their jurisdictions support the economics).
What we will see is the increased production elsewhere (US & international) will lead to the next price slump, and woe is us if our differential price is still in the 40's when global prices come back down to the 40-60 range.
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