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It's hard to believe the 4 adversarial oil producing factions are going to actually compete to the bottom dollar forever in a truly free market. So essentially
by BuckRogers 11y ago
It's hard to believe the 4 adversarial oil producing factions are going to actually compete to the bottom dollar forever in a truly free market.
So essentially we're just waiting for US frackers, Iran, Russia and the Saudis to collude and all make a killing at the old prices? Or do you think the seesaw effect will just be the way things are? I have a hard time believing that.
- toomuchtodo 11y ago> So essentially we're just waiting for US frackers, Iran, Russia and the Saudis to collude and all make a killing at the old prices? Or do you think the seesaw effect will just be the way things are? The latter is far more likely than the former.