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+--- Thread: Rise in PPS (/showthread.php?tid=7516)
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RE: Rise in PPS - Putncalls - 10-17-2014
The technology used in the US is expensive. The break even is in the 40 to 80 range. There is also a shortage of oil transportation infrastructure within the US at this point. The Saudis know this and they are lowering their "ask". This might end the US NG surplus. I don't see a negative connection to IOC.