Harold Hamm: “Drill, Baby, Drill” Needs $80 Oil | ZeroHedge
Authored by Tsvetana Paraskova via OilPrice.com,
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Harold Hamm: would need an oil price of around $80 per barrel to cover the cost of drilling wells.'
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U.S. Energy Secretary Wright: the administration isn’t targeting a specific price of oil, but it works to bring back common sense and pro-energy policies in America.
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Scott Sheffield: The cash breakeven price, including dividends, is $50-$55 for U.S. (more…)