Started By
Message

re: Oil Wars: Why OPEC Will Win

Posted on 12/15/14 at 8:21 am to
Posted by htownjeep
Republic of Texas
Member since Jun 2005
7635 posts
Posted on 12/15/14 at 8:21 am to
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

I said "may" be
Posted by Thib-a-doe Tiger
Member since Nov 2012
35989 posts
Posted on 12/15/14 at 8:27 am to
I'll try to find the article, it was from a major business publication, that said most shale producers could still turn a profit at $45, whereas OPEC would be slitting it's own throat
Posted by SM6
Georgia
Member since Jul 2008
8818 posts
Posted on 12/15/14 at 11:54 pm to
Isn't'the this less OPEC and more the haves in OPEC like Saudi and the small gulf states who can afford to run in the red for a while and the have nots like Iran, Libya and Venezuela who are. 90% dependent on oil revenues and already are running deficits?

Certain OPEC nations have the appetite for lower prices while others would be screwed.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram