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Description: Somewhere amid the maze of wells that Murphy Oil Corp. has scattered across Texas’s sprawling Eagle Ford shale formation, Brett Pennington is carrying out a little experiment.

Source: Bloomberg.com – video report

Date: Oct 01, 2015

Link: http://www.bloomberg.com/news/articles/2015-09-30/america-s-oil-output-refuses-to-collapse-here-s-one-reason-why-#r=read

Questions for Discussions:

  • How have oil companies reacted to collapsing oil and sand prices?
  • How does this behavior reflect market forces?
  • What does this all mean for the industry and investors?

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