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re: Oil Wars: Why OPEC Will Win
Posted on 12/15/14 at 9:46 am to JayDeerTay84
Posted on 12/15/14 at 9:46 am to JayDeerTay84
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".
1
Posted on 12/15/14 at 9:52 am to cwill
It's not about the oil. It was about their money supply and Iraq stability.
Anyway, you are taking it as if I meant it as OPEC had a meeting about ISIS. That's not what I am saying.
I am saying that it is a nice result to a broader strategy.
You just took it and spun it into something larger.
Edit: I realize I said "hurt Saudi". That was a mistake. Meant OPEC countries. But not in a oil price sense.
Anyway, you are taking it as if I meant it as OPEC had a meeting about ISIS. That's not what I am saying.
I am saying that it is a nice result to a broader strategy.
You just took it and spun it into something larger.
Edit: I realize I said "hurt Saudi". That was a mistake. Meant OPEC countries. But not in a oil price sense.
This post was edited on 12/15/14 at 10:03 am
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