OPEC Declares Price War
Posted: Sat Nov 29, 2014 12:46 pmPolitical Crossfire Forums
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OPEC Declares Price War
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Posted: Sat Nov 29, 2014 12:46 pmRe: OPEC Declares Price War
Posted: Sat Nov 29, 2014 1:11 pmthis isn't a price war against the US. yeah, it might hurt shale production, but the economic benefits to the US from cheaper oil are magnitudes greater than any loss. what this does though is hit russia incredibly hard because their oil extraction costs are so much higher than ours and the saudis,
Re: OPEC Declares Price War
Posted: Sat Nov 29, 2014 1:56 pmThis is an opportune time to raise Federal gas taxes significantly to a level where we can take care of our infrastructure.
Re: OPEC Declares Price War
Posted: Sat Nov 29, 2014 3:40 pmRe: OPEC Declares Price War
Posted: Sat Nov 29, 2014 3:45 pmAnd the US economy is extremely diverse. Even if US oil production were to slow for a while, overall the US economy benefits far more than it loses from cheap energy.
Venezuela, on the other hand is screwed. Any economy that depends heavily on oil exports is going to be squealing. Tzar Vladimir might even wrinkle his forehead a little.
Venezuela, on the other hand is screwed. Any economy that depends heavily on oil exports is going to be squealing. Tzar Vladimir might even wrinkle his forehead a little.
Re: OPEC Declares Price War
Posted: Sat Nov 29, 2014 11:45 pmRe: OPEC Declares Price War
Posted: Sat Nov 29, 2014 11:47 pmRe: OPEC Declares Price War
Posted: Sun Nov 30, 2014 8:45 amlow fuel prices are a leading indicator of distress
Re: OPEC Declares Price War
Posted: Sun Nov 30, 2014 2:10 pmno?
Re: OPEC Declares Price War
Posted: Wed Dec 03, 2014 5:55 am