Posted by: GeetMaiJawaafDiu? December 26, 2014
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Did you guys hear that, US fracking industry is just a short-term phenomenon which might lose its traction by the end of the decade? I also read somewhere that fracking companies are going to make money only if the oil price is above a certain minimum level. With lower oil prices, the fracking companies might be in trouble now. Then add the environment-related overheads - law suits, clean up expenses, and the compliance related charges.
IBM, the Big Blue has an impressive track record even though it snubbed Steve Jobs back in the day.
Anyone in here thinks that the Recreation Vehicles (RV) business is in for a massive explosion because of the lower oil prices and baby boomer hitting retirement roads?