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re: Oil Wars: Why OPEC Will Win
Posted on 12/15/14 at 7:16 am to bayoubengals88
Posted on 12/15/14 at 7:16 am to bayoubengals88
The shale producers have a lower break-even point than OPEC countries though. OPEC gets stomped in a price war
6
Posted on 12/15/14 at 7:22 am to Thib-a-doe Tiger
Seriously? I didn't know what.
Can shale produce enough volume though?
Can shale produce enough volume though?
Posted on 12/15/14 at 7:54 am to Thib-a-doe Tiger
quote:
The shale producers have a lower break-even point than OPEC countries
I've heard just the opposite, and it is the reason OPEC is playing this game, they know that the shale producers will bottom out first.
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.
Posted on 12/15/14 at 9:07 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
Negatory. It's the opposite.
Posted on 12/15/14 at 9:31 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
Yea this could not be more false
Posted on 12/15/14 at 2:28 pm 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
What makes you think that? Shale oil is very expensive to produce and refine.
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