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…
via Zero Hedge http://ift.tt/1ycilfM Tyler Durden