Wednesday, November 5, 2014
The US OIl Production Boom Explained in One Chart
This is why the Saudi's cut the price of oil. They have a lower cost of production and at a lower price will force marginal US producers to shutdown some operations.
(via
Mark Perry
)
1 comment:
DM567@pacbell.net
November 5, 2014 at 12:50 PM
I don't believe that. The Saudis and American Politicians and Corporations work closely together.
Reply
Delete
Replies
Reply
Add comment
Load more...
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
I don't believe that. The Saudis and American Politicians and Corporations work closely together.
ReplyDelete