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re: Oil Wars: Why OPEC Will Win

Posted on 12/15/14 at 9:41 am to
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 12/15/14 at 9:41 am to
You can believe what you want, but this was very calculated.

Saudi isn't and will not let and OPEC country be controlled by terrorist. In one move they cut their feet from under them.

Posted by notiger1997
Metairie
Member since May 2009
58324 posts
Posted on 12/15/14 at 9:45 am to
He's already laid out a valid point that ISIS has very little if any to do with what is happening with the price of oil. What do you not understand about this?

I know there were quite a few scary articles that came out a few months ago when nimrods were worried ISIS was about to take over the world, but they aren't moving that much oil and what they were doing has been in decline for several months.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 12/15/14 at 9:46 am to
quote:

You can believe what you want, but this was very calculated.

Saudi isn't and will not let and OPEC country be controlled by terrorist. In one move they cut their feet from under them.



Really? ISIS is selling a minimal amount of oil @ about $20/bbl in a regional black market. You thing $60 international pricing has undercut them? What will undercut them is their lack of technical ability to keep these old conventional fields on line. All you have to do is wait. At this point I think it's pretty clear you're believing what you want since your only support to your assertion is "un-huhn".
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