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Thnx 00jane. Useful way to help break out what was going on and now isn't. I have some working interests in Wyoming, Colorado, and Texas, all of old vintage, and the cap-ex on those has actually been almost steady, which suggests to me that the cheapest to produce is being carefully maintained to be ready for the possible 2019 to 2021 shrinkage due to lack of capex for new stuff.

It will be interesting.

Meanwhile, I am finding it economical in my home to steadily switch from grid electric to solar electric, from gas hot water and heating to solar hot water (including in my radiant heated floors), but I am delaying electric car and house battery until prices drop quite a bit further.

david fb
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