Article

2020-03-08 Arabia

Saudis Plan Big Oil Output Hike, Beginning All-Out Price War

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Posted by Fred 2020-03-08 00:00|| || Front Page|| [11131 views ] Top
File under: Govt of Saudi Arabia

#1 The kingdom must be hard up for currency. With what I understand is a worldwide oil glut, they should get interesting as far as a bottom dropout price war.

Posted by Woodrow 2020-03-08 11:13|| 2020-03-08 11:13|| Front Page Top

#2 There are no good guys in the ME. President knows about this. The question is how to disengage.

Posted by Alaska Paul 2020-03-08 11:36|| 2020-03-08 11:36|| Front Page Top

#3 IIRC, the problem is Russia, who wants to destroy the fracking industry in the US. It's also in retaliation for our "interference" with their NORDSTAR pipeline program. I think in the end it will be Russia that cries "Uncle".

Posted by Old Patriot 2020-03-08 17:13|| 2020-03-08 17:13|| Front Page Top

#4 OP, good to see you posting again.

Posted by Matt 2020-03-08 17:43|| 2020-03-08 17:43|| Front Page Top

#5 Ref #4: OP, good to see you posting again.

Ditto! BTW, how do you want us to charge that time off ?

Posted by Besoeker 2020-03-08 18:20|| 2020-03-08 18:20|| Front Page Top

#6 Welcome back OP!

Posted by CrazyFool 2020-03-08 19:10|| 2020-03-08 19:10|| Front Page Top

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