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Canadian Tar Sand Crude trading at $8.35 per bbls Tuesday
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Alberta Pioneer
Posted 1/17/2016 18:29 (#5043129 - in reply to #5043054)
Subject: RE: Canadian Tar Sand Crude trading at $8.35 per bbls Tuesday


Warburg, AB
McHusker - 1/17/2016 16:52

I read yesterday the Saudis ran a budget deficit of 98 billion, that is a lot for a country that size. People that believe cheap crude is a good thing will be enlightened by collapsing 401ks and a further destabilizing of the Mideast Russia etc etc


So who's backing them/how much cash or equity reserve do they have to fall back on? Time for somebody to clean house over there...
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