This topic could affect some of your holdings that are more focused in this sector. Frackers scrap field equipment
Real estate prices and development went wacko several years ago when the Bakken fields were put into production. I've not checked prices for years, but those first in and first out made some serious cash. This area may not be affected by fracking downturn. Oklahoma and Texas, perhaps more so. Williston, ND prices still look pricey to me. Williston ND real estate Zillow
Thanks for the info. Since I'm slowly going into energy, this post is of importance. Have heard from several reads they expect oil to rise in 2 to 3 years.....due to lack of investment by companies because of price. And we all know how oil prices fluctuate over time. Thanks, bro.
A few years back when oil crashed and fracking went bust for a while, there was a cat dealer whose place was overrun with equipment for months because of fracking from upstate PA. Have started to see it again.
Ted, go to bed!