SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 132.000.0%9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (2092)10/14/2014 11:31:21 AM
From: robert b furman1 Recommendation

Recommended By
Hawkmoon

  Read Replies (2) of 26396
 
Saudi Arabia is always the 800 pound gorilla in the oil patch.

There are a lot of articles calling us Saudi America as shale out produces Saudi's.

The one big difference is our oil costs somewhere around 50-70 tp produce - their's in in the teens.

The saudi's can ship that marginal barrel and run expensive oil broke while grabbing market share.

I think that is exactly what is happening now.

It is the one sure way to stop Iran and its terrorist funding - The Saudi's know it better than any one else.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News