"from the experts"
The economic threshold that the rotorcraft market uses to plan for demand in the offshore sector is about $65 per barrel — a price that’s now very far in the rear view mirror.
“If oil goes higher than $65 per barrel, large energy companies will boost exploration and production, which in turn hikes demand for helicopter transport and the acquisition of new aircraft,” Aboulafia pointed out. “Problem is, oil has remained well below that threshold price all during 2015.”
https://www.verticalmag.com/features...ing-the-storm/
Hmm, confusing..............strange indeed.
Oil economics doesn't require a very high IQ to figure out, I thought heli pilots were smarter than that!
Guess that's why heli pilots don't go into management.
This book should help you
https://www.amazon.com/Crude-Volatil...=oil+economics