Name:   MartiniMan - Subject:   Will the fracking business collapse? Date:   11/29/2014 12:17:24 PM

Why do you think $60 a barrel?  I assume that's still way above their cost to produce.  Maybe they think they can knock back our production significantly at that price.  Will be interesting to watch as some OPEC members are already calling for production reductions. One thing for sure, lower energy prices will be a shot in the arm for the economy that is much needed. However, some of that will be offset by layoffs in the oil industry if prices fall too low.