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Posted on 12/17/14 at 2:46 pm to cwill
quote:
That's not part of the equation and isn't true.
Yep the one thing we've seen is improving oil production capabilities in north America has no impact on global oil prices...
Posted on 12/17/14 at 2:50 pm to cwill
When you greatly reduce costs, you lower the price for your product.
It also forces other sellers in the market to compete with that lowered cost. Even if they're a cartel
It also forces other sellers in the market to compete with that lowered cost. Even if they're a cartel
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