re: Saudis manipulating oil lower - ok with $80/barrel for next 2 years

quote:

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With the age of Ghawar and Safaniya the question that should be asked is can SA maintain the production level they are at for much longer?

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I do some work for an international drilling company and about six months ago the Saudis went all in as far as drilling goes.
This is actually a really smart move on their part.