FRACKING PRESENTS THE SAUDIS AND RUSSIANS WITH A PRICING SWORD OF DAMOCLES: “U.S. shale producers won’t have to go to great lengths to restart production. After all, they’ve been drilling but not yet fracking wells for months now, producing what’s come to be known as a ‘fracklog,’ which is set to flood the market with new supplies just as soon as market prices make it profitable to restart operations.”
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.