Oh the hits they just keep on coming... its like these oil cartel SOBs worst nightmare...
US innovation on the verge of doing to OPEC what it did to the USSRhttps://t.co/ekIxg6bK1s
— Charlie Coleman (@chasecoleman3rd) November 9, 2018
US innovation on the verge of doing to OPEC what it did to the USSRhttps://t.co/ekIxg6bK1s
— Charlie Coleman (@chasecoleman3rd) November 9, 2018
3 comments:
The Saudis are doing this at US "suggestion".
FRANKO™
Daily live demonstrations of the Dunning-Kruger Effect.
Yo, US is making a suggestion to Iran in the post below too... so?
Which one is going to take the suggestion?
If the cartel is going to fail, which of the rats is going to survive in the aftermath?
The cartel can only survive if the non-cartel sector cannot out produce them...
https://www.cnbc.com/2018/10/11/opec-hikes-oil-output-in-september-as-irans-production-falls.html
"Supply hikes from Saudi Arabia, Libya, the UAE, Nigeria and Angola offset a drop in production from Iran and Venezuela."
Venezuela and Iran becoming irrelevant...
Canada now down below $20 per bbl:
https://leaderpost.com/news/saskatchewan/price-difference-between-canadian-and-world-oil-prices-worrying-for-saskatchewan-government
"Western Canadian Select (WCS) dropped below US$20 a barrel last week"
Will $20/bbl be able to feed all of them?
Post a Comment