Posted 12/12/2014 20:46 (#4236598 - in reply to #4236455) Subject: RE: The last time oil crashed
Nwmo
I say high priced fuel has been a drag on the economy since 2002. I also think that the shale can produce oil a lot cheaper than Opec or any of these talking heads think they can. Another thought, Saudi arabia is one of the few countries in OPEC that can produce oil on the cheap, I think opec cuts production because of other members before the break any US oil companies.
The last time oil crashed
