Executives expect $48.80/bbl WTI at yearend, down from Q1 survey expectation of $53.50
“The exploration and production industry needs to get used to the paradigm that oil prices will be set for the next several years by the breakeven prices needed to drill Permian Basin shale wells because there is a lot of tiger in this tank!”

Those comments were from one of the Federal Reserve Bank of Dallas’s oil and gas industry survey respondents in its quarterly Energy Survey results released today. The survey outlines the thoughts of oil and gas indu...

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