Nov 27, 2014
5:13:25pm
5:13:25pm
RE: Not Exactly
Saudi govt (Prince Saud) will not be able to fund HUGE socialized-subsidized citizens(subjects) lives for longer than 8-12 months
Without oil at at least $50 a barrel and most US producers (large-medium) will weather the storm because they do not have to pay the enormous shipping cost and social costs to compete longer term. Then, prices will go back up again
Without oil at at least $50 a barrel and most US producers (large-medium) will weather the storm because they do not have to pay the enormous shipping cost and social costs to compete longer term. Then, prices will go back up again
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