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by protomyth
3951 days ago
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Well, not all of OPEC, but the Saudi intent is to destroy the US shale business. While doing so, they seem to be hitting Russia and South America pretty damn hard. This is worrying since shale can go lower than Russia and Venezuela ($34 - $50 is the bottom depending on area of the balkans). Canada oil sands is higher since the oil is of lower quality. |
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