Posted 4/20/2018 07:21 (#6720885 - in reply to #6720657) Subject: RE: Heard that the Saudis want $69/ barrel. Why?
Eastern Oregon
Why not $79? They are smart enough to get as high price as possible without incentive for competition.
Remember all the interest in alternative energy the last run up? After the competition makes investment and sticks their neck out, down goes the price of oil. "Did that hurt? Sorry."