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re: Oil Wars: Why OPEC Will Win

Posted on 12/15/14 at 2:28 pm to
Posted by inelishaitrust
Oxford, MS
Member since Jan 2008
26079 posts
Posted on 12/15/14 at 2:28 pm to
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.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 12/15/14 at 2:30 pm to
quote:

Shale oil is very expensive to produce and refine.


define expensive.
This post was edited on 12/15/14 at 2:31 pm
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