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Unusual Whales Pod #5: Oil Market, Energy Crisis, and European Doom

Unusual Whales

00:00

Oil and Gas

The problem we're running through now is labor and a manufactured goods. The the plugging, pluging wells has become highly profitable because they're reselling the used tubulars. Now it's so hard to get price tubing and everything else. And in te cruise, you're seeing it with the recounts, frack spreads. It's just you can't get the skilled labor needed to put it on. Everything is so expensive right now the they're dropping these rigs because they're just not efficient enough. So it's the money is coming, but we don't have the ability right now.

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