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They won't be able to sustain their subsidies, but that does not mean they will stop producing.
by lenticular 8y ago
They won't be able to sustain their subsidies, but that does not mean they will stop producing.
- einarvollset 8y agoStop? Probably not, but my point is rather that oil production by Aramco is dependent on the political regime, which imply that there are additional costs that do not apply to US shale.