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Crude oil
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rosiesdad
Posted 1/12/2016 05:45 (#5029762 - in reply to #5029666)
Subject: RE: Crude oil



Western-Central Lower Michigan
OPEC and probably USA and some other countries are out to bankrupt RUSSIA. Having oil this cheap is going to have some unintended consequences. Its not necessarily a good thing.
Also OPEC wanted to shut down the Canadian "Tar Sands" oil thing. Canadian oil is probably a break even at $50 or maybe higher.
Think of Keystone Pipe line, who needs that with all the extra oil around?
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