Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Dec 31 4:00 PM EST

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To: architect* who wrote (34540)	7/6/2012 9:10:57 AM
From: 3bar	2 Recommendations Read Replies (1) of 220963

What happens to World Oil supplies if the US is able to be energy self sufficient . The Saudi's have a lot of costs built into their life styles and like the Russians most OPEC nations have little else to sell to the world . So it is pump pump pump . Economic slow down and US pushing for energy development could put a squeeze on the price of oil as all producers maintain out put to keep living standards . Any chance of crude falling say to 50 $ or some thing like that happening ?

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