It’s a war without bullets, but make no mistake, it's also about no prisoners. According to the Wall Street Journal, the Eagle Ford Region is the only drilling region still able to be profitable with oil prices at a 4-year low of approximately $69.27 per barrel.
|Drilling Region||Breakeven Begins|
Early reports from retail land shows robust foot traffic at malls and shopping centers, but not sure how much people are buying, although it’s clear retailers are getting smarter and smarter about coaxing people to malls in the internet era and getting them to buy stuff.
Please note, due to the shortened trading session, there will not be an afternoon commentary. We hope everyone has a safe and wonderful weekend.