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Message
re: Oil Wars: Why OPEC Will Win
Posted on 12/15/14 at 8:01 am to Thib-a-doe Tiger
Posted on 12/15/14 at 8:01 am to Thib-a-doe Tiger
quote:
The shale producers have a lower break-even point than OPEC countries though. OPEC gets stomped in a price war
That may be the absolute worst statement I have ever seen on the money board. You could not be more wrong.
2
Posted on 12/15/14 at 8:04 am to htownjeep
The COFD and lifting costs for Saudi oil is ridiculously cheap. Its probably 4 times cheaper than some of the tight oil plays in the US.
Posted on 12/15/14 at 8:21 am to htownjeep
quote:
That may be the absolute worst statement I have ever seen on the money board. You could not be more wrong.
Considering this is the board where VTSMX is the be all end all of mutual funds, I'll take that as a compliment
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