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Message
re: Oil Wars: Why OPEC Will Win
Posted on 12/15/14 at 8:13 pm to NOFOX
Posted on 12/15/14 at 8:13 pm to NOFOX
quote:
I think you're arguing just to argue, but your operating from a fundamental misunderstanding of the situation. The US is not playing and is not in a price war with SA. Rather US energy companies are in market competition with SA. No one has ever argued that SA is going to bring down the US economy and as you alluded to lower oil prices are traditionally good for our economy.
I didnt allude to anything. This entire thread is about a hypothetical and a large assumption about a price war. Like go read the first post LOL.
The only reason I mentioned the US economy was when you and others said that the US couldn't win/play in a price war. They can and would do quite well.
quote:
What do you think SA is doing that is wrong? What do you think that the domestic energy companies can do to stop SA?
I never said they were doing anything wrong. Again, thread title LOL. Single US companies cannot do jack shite. The only thing that would matter is the export ban being lifted.
quote:
For the price to go back up, demand will have to increase or supply reduced.
Ground breaking!
This post was edited on 12/15/14 at 8:14 pm
Posted on 12/15/14 at 8:18 pm to JayDeerTay84
So what sector are you in exactly?
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