Sunday, October 05, 2014

$75 oil

Is the price being driven down by the Saudis to halt American development or is it being held down by the Americans to screw with Putin?

Or is demand really that low and we are in a worse crisis than is being made out to be?

Some of the posts I'm seeing are talking about Strong $US being the reason but I don't get that as the Saudi contracts etc are written in USA dollars to begin with.


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