Is that click bait? Its gonna be Woodstock without the bands. I suspect there will be a showdown, coupled with a major geopolitical event. There are a lot of powerful forces out there that want to see Trump fail/impeached. They will make this the perfect storm. That's why I said several posts back.... they need to hurry up and get this pipe under that reservoir. Before spring. None of us wants to see America derailed. Trust me on this one. Politics aside. It could get very ugly very fast.
Too sad. We are talking of the real land owners here. Just because their ancestors didn't cultivate hatred and atomic bombs, but welcoming and friendship, look at what has happened and will happen to them by will of self proclaimed "world masters".
Drilling and fracking technology. Compare the boom to how Standard Oil came about during the Pennsylvania oil boom or how "insert major oil name here" was founded on consolidating Texas wildcatters. Small players who have access to the oil finds due to new technologies will produce when it is profitable to do so. The do not have the high capital budgeting hurdles of big oil. Strangely, big oil didn't consolidate that much during the crash....Perhaps, barriers to entry really have been affected severely. Starbucks will need to close up some shops in S.F and open up in the Dakotas.
"When it's profitable to do so" is the key. Flooding the market with more oil depresses the price further, hence we get further away from "when it's profitable to do so". There aren't any small fracking "Chuck with a truck" operations that can make money with these prices let alone lower ones, fracking didn't suspend the rules of scale economy is this business.