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Message
re: Saudi posts record $98 bn deficit in 2015
Posted on 12/28/15 at 5:12 pm to barry
Posted on 12/28/15 at 5:12 pm to barry
quote:
oil is down because the US has flooded the market. Saudi has produced roughly the same amount over the last decade. The US has has sky rocketed production and hasn't stopped hardly any.
Remember when Hilary and the rest of the leftists said "you can't drill your way out of this shortage"? Guess what...we did.
1
Posted on 12/28/15 at 5:22 pm to The First Cut
I am far, far from having any working knowledge regarding this so go easy on me but my impression is that peak oil was bullshite and with technological advances and the motivation to find new fields until recently have shown we have shite tons of oil.
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