re: Economist: Iran deal means oil @ $10-20/bbl

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Theres a difference. The reason this is going on is because we arent having to depend on foreign oil. Surely the oil companies that have been screaming for this for as long as I can remember knew the current market was a likely outcome. If anything, the reason we're still in it is because the US production costs have improved so much to the point where we can afford to still be competitive with OPEC despite the lower prices.

And sorry, but I don't feel bad for Welders that can't get oilfield jobs making $75/hr. There are plenty of jobs to be had making a good living especially for skilled people, just not at ridiculously inflated rates. Surely people understand that the market of the last 10 years was only temporary.

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