Politics Saudi and the possible Oil Price War

Discussion in 'Free Speech Alley' started by LSUpride123, Dec 15, 2014.

Page 3 of 3
  1. LSUpride123

    LSUpride123 PureBlood

    Joined:
    Oct 20, 2008
    Messages:
    33,706
    Likes Received:
    16,645
    LSUpride123, Dec 31, 2014
    #21
  2. Winston1

    Winston1 Founding Member

    Joined:
    Sep 5, 2010
    Messages:
    12,048
    Likes Received:
    7,423
    Winston1, Dec 31, 2014
    #22
  3. red55

    red55 curmudgeon Staff Member

    Joined:
    Oct 21, 2002
    Messages:
    45,195
    Likes Received:
    8,736
    Tactically brilliant . . .strategically shortsighted.
     
    red55, Dec 31, 2014
    #23
    Tiger in NC likes this.
  4. LSUpride123

    LSUpride123 PureBlood

    Joined:
    Oct 20, 2008
    Messages:
    33,706
    Likes Received:
    16,645
    Explain.
     
    LSUpride123, Jan 1, 2015
    #24
  5. red55

    red55 curmudgeon Staff Member

    Joined:
    Oct 21, 2002
    Messages:
    45,195
    Likes Received:
    8,736
    See post 6.

    It helps business' bottom line in the short term. It harms the best interests of the United States in the long term. Oil is running out. We should be buying foreign oil when prices are cheap and preserving our reserves for the day in 50 or 100 years when oil can't be bought for any price.
     
    red55, Jan 1, 2015
    #25
  6. LSUpride123

    LSUpride123 PureBlood

    Joined:
    Oct 20, 2008
    Messages:
    33,706
    Likes Received:
    16,645
    In that scenario, if we haven't figured out how to live without oil, WWIII.....
     
    LSUpride123, Jan 1, 2015
    #26
  7. locoguano

    locoguano Founding Member

    Joined:
    Jun 26, 2004
    Messages:
    10,342
    Likes Received:
    2,216
    Missing a huge factor here... demand. Demand has been down for several years in the U.S. due to higher prices. Demand is going to in China as they are on the edge of a recession and their building boom is slowing. Low price oil is less an indicator of production then it is a world economy that is built on smoke and mirrors.
     
    locoguano, Jan 10, 2015
    #27
    Tiger in NC likes this.
  8. Tiger in NC

    Tiger in NC There's a sucker born everyday...

    Joined:
    Sep 2, 2011
    Messages:
    6,532
    Likes Received:
    1,806
    wonder if anyone still thinks Putin is a stronger leader? wish we could ask Putin how strong he feels now.....that little bitch.
     
    Tiger in NC, Jan 11, 2015
    #28
Page 3 of 3

Share This Page