Energy Stocks Are Crashing As WTI Plunges Under $85
Submitted by Tyler Durden on 10/09/2014 12:39 -0400
Just yesterday evening, the exuberance was palpable (in stocks)... today, with WTI collapsing (under $85) to 18-month lows, Energy stocks are being monkey-hammered across the board (S&P Energy sector -4% from yesterday highs)...
As oil prices collapse...
and the curve flattens drastically...
So Energy stocks are in freefall...
But but but the Shale Revolution!!??
Quick grab the cost curve charts...
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