Energy Stocks Are Crashing As WTI Plunges Under $85

Submitted by Tyler Durden on 10/09/2014 12:39 -0400

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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...

Average: