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.
Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (31047)12/1/2014 1:08:46 PM
From: Topdog  Read Replies (2) | Respond to of 49402
 
That's true however America cannot avoid the low energy price dilemma.

If the world market is xyz price that's what oil companies in the US will be paid. So yes we don't need Saudi oil however the domestic companies still need to be profitable or they will die.
Domestic oil needs to be much higher or they will have to mothball operations.



To: Goose94 who wrote (31047)12/1/2014 1:19:37 PM
From: diddlysquatz  Respond to of 49402
 
They don't actually get much oil from Saudi Arabia. Most comes from Canada and Mexico. The Saudi's are the true swing producers and have the biggest effect on world prices.


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