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erronis

(20,975 posts)

14. Watch your own back. The Saudis have nothing but disdain for you (and me.)

Reply to Elmer S. E. Dump (Reply #8)

Mon Dec 7, 2015, 07:21 PM

Dec 2015

Wonder if we'll ever find out how deep the tendrils of the houses of Bush/Saud extended into the countries they controlled.

Oh, why don't we all go out and buy that SUV since fuel will stay so low for the next 5-10 years?

<smilingly>

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Oil Tumbles to Six-Year Low as OPEC Abandons Production Target [View all] Purveyor Dec 2015 OP

Maybe this will kill the fracking business. philosslayer Dec 2015 #1

It is doing just that but will it set in motion a recession? Purveyor Dec 2015 #2

Are you kidding? philosslayer Dec 2015 #3

Until OPEC decides to stop glutting the market - then what? jonno99 Dec 2015 #5

That's the thing..... Plucketeer Dec 2015 #10

Yep. Even now though one of my boys is looking to trade in his "crew-cab" for a vehicle jonno99 Dec 2015 #11

I still drive my '57 Studebaker truck Plucketeer Dec 2015 #19

Dont count on it unless there is a major change from relying on oil for most of the world within cstanleytech Dec 2015 #16

I'd like to think frakking killed OPEC! yallerdawg Dec 2015 #4

+1 yep. jonno99 Dec 2015 #7

actually, it was the other way around... Javaman Dec 2015 #22

Fracking and the increasing viablity of renewables put pressure on OPEC. OPEC responds by trying pampango Dec 2015 #23

Unfortunately, this isn't good news FLPanhandle Dec 2015 #6

Correct MosheFeingold Dec 2015 #9

You only forgot to add the high-stake traders that can influence the price. erronis Dec 2015 #12

But see, high price oil is an incentive for more oil! yallerdawg Dec 2015 #13

+1 can't argue with that! nt jonno99 Dec 2015 #15

Well, the Saudis owe us more than that! But it's a start. Elmer S. E. Dump Dec 2015 #8

Watch your own back. The Saudis have nothing but disdain for you (and me.) erronis Dec 2015 #14

I hear you, bro. Elmer S. E. Dump Dec 2015 #18

Glad to see the lower prices but BumRushDaShow Dec 2015 #17

War in the Oil Patch boosts PPB. Octafish Dec 2015 #20

If this keeps up Turbineguy Dec 2015 #21

Low price oil is leading to higher auto insurance prices. Xolodno Dec 2015 #24