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re: Oil Wars: Why OPEC Will Win
Posted on 12/15/14 at 3:04 pm to htownjeep
Posted on 12/15/14 at 3:04 pm to htownjeep
So we've come to the conclusion that the Saudi's and the U.S. will come out ok in the end. However the Assad regime, Russia, and the Iranian nuclear program will be severely hurt... Who's thinking the U.S. and Saudi's conspired this oil price shock?
Posted on 12/15/14 at 3:08 pm to Shepherd88
quote:
Who's thinking the U.S. and Saudi's conspired this oil price shock?
Everything is possible!
Posted on 12/15/14 at 3:25 pm to Shepherd88
quote:
Who's thinking the U.S. and Saudi's conspired this oil price shock?
It has crossed my mind. It wouldn't be the first time Saudi has colluded with oil production for a political purpose.
quote:
the Saudi's and the U.S. will come out ok in the end.
Yeah, but we will hurt more than they will. The smaller guys and a lot of service companies won't make it I'm afraid.
quote:
However the Assad regime, Russia, and the Iranian nuclear program will be severely hurt.
Quite possible. That whole region is pretty hard to predict. Hopefully they don't lash out and attack before they go broke.
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