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They're worried for several reasons. The biggest is, what if it isn't dropping because of the Saudis, but because of a weak economy in China? And what if that s
by nikdaheratik 11y ago
They're worried for several reasons. The biggest is, what if it isn't dropping because of the Saudis, but because of a weak economy in China? And what if that spreads to the rest of the world?
Additionally, the lower oil prices wrecked the income of a number of state and national governments that just assumed the price would stay that way for the foreseeable future.