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re: Oil Wars: Why OPEC Will Win
Posted on 12/15/14 at 11:10 am to JayDeerTay84
Posted on 12/15/14 at 11:10 am to JayDeerTay84
quote:
Math?
Mind sharing your "math" with the class?
Posted on 12/15/14 at 11:23 am to htownjeep
I think you're subject to the same question regarding your thoughts on Syira, Iran and how much money SA has in its war chest to survive a $60 price environment.
Posted on 12/15/14 at 1:14 pm to htownjeep
quote:
Mind sharing your "math" with the class?
Saudi is only 1/3 of OPEC. Even if Saudi could survive for "several" years of a price war, the rest of OPEC sure as hell can't.
Anyway, there is no long term benefit for ANYONE for prices to be this low.
If you know any, share.
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