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Oil Futures Crash by 30%
- chairmanwow1 7y agoI’m honestly not seeing what a big deal this is. It seems unsurprising that a large producer is able to swing the lever of superior pricing power to dramatically lower the price. This seems absolutely reasonable. Why is it that I see so much surprise and outrage when I read about this?
- keymone 7y agoIf you read about this in the media - that’s the answer right there. I haven’t seen much surprise/outrage anywhere else (beyond surprise that OPEC/Russia failed to find common ground).
- deleted 7y ago[deleted]
- dntbnmpls 7y agodupe https://news.ycombinator.com/item?id=22521099 https://news.ycombinator.com/item?id=22521099