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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (107928)10/9/2014 9:38:40 PM
From: dvdw©  Read Replies (1) | Respond to of 217781
 
lol...Saudi is a game Master...they understand that every barrel not pumped in falling demand environment means they may never have a market for that saved oil..just look at the mess that is venezooalia, they thought they had it all figured out....but we know now they knew nothing, about the commodity or the methods and practices of running an oil business....so what is left for them...?

Saudi is a Master of the oil game and wont make stupid mistakes like those populating the rest of el mats list

OIL is everywhere....better to sell all you can while you can, cause other stuff is near the horizon to take share.. from all the wrongful assumptions, most have embraced as truth.



To: carranza2 who wrote (107928)10/10/2014 4:03:51 AM
From: elmatador  Respond to of 217781
 
Overall low oil prices good. Low costs for importers. Bad for countries trying to inflate.



To: carranza2 who wrote (107928)10/10/2014 9:52:26 AM
From: ggersh  Respond to of 217781
 
Time to sit back then and see if it works.Putin does need to
be stopped.



To: carranza2 who wrote (107928)10/10/2014 12:35:38 PM
From: bruiser981 Recommendation

Recommended By
marcher

  Respond to of 217781
 
In other words, it's all about Russia for reasons you and I don't know.

Russia has long been a thorn in the side of banksters trying to establish one world government controlled by banksters.

This article sheds some light on the Council on Foreign Relations role in determining USA foreign policy. The Quigley guy is a primary mentor of Bill Clinton.

Origins of the Cold War: How Stalin Foiled a ‘New World Order’

foreignpolicyjournal.com



To: carranza2 who wrote (107928)10/10/2014 3:33:28 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 217781
 
Saudi Arabia has another reason not to restrict oil output. They can't afford to do so.

As OPEC slowly died Saudi Arabia was the only member to make significant production cuts to maintain oil price stability. If OPEC were to be organized today the total number of members would be greatly expanded to include Russia and other producer states.

Saudi Arabia now has a large annual budget to keep their population happy, and their cost of oil production has risen significantly as they tap less valuable crude in fields which cost more to produce. The Saud family can no longer afford to be the generous Santa Claus to other oil producers.