Inflation Watch: The Fed-Driven Spike In Shale Oil Costs, In 2 Simple Numbers
by Tyler Durden
ZeroHedge.com
12/02/2014
Wondering where the inflationary impact of The Fed’s massive monetary policy experiment is leaking out (aside from stock prices)… Look no further…
What happens when too much cheap money chases a limited asset? Just like housing, ‘cost’ of Shale Oil wells have become about the monthly nut, not the all-in as The Fed-fueled pump focuses everyone on the short-term gains (ignorant of long-term pains). As the following chart shows, this credit-fueled exuberance has inflated basic costs for US oil producers dramatically…
The Rest…HERE
