The expert that called oil’s decline just said these lower prices are here to stay

CNBC | on Fri, Mar 17, 6:42 PM

"It's the technology that makes it work," Braziel said. "You get a lot more hydrocarbon out of each well, [and] we're getting it cheaper per unit because the well costs haven't gone up much at all." And, with President Donald Trump pushing for deregulation in the fossil fuel industry, energy companies are "feeling great" despite the drop in prices, said Braziel, who advises a number of big-name energy players. If those companies see some federal regulations lifted, that could lead to a chain ...

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