Off-Topic: Gas Prices Rock
(Parr Shoals Reservoir Specific)
0 messages
Updated
Lakes Online Forum
84,091 messages
Updated 11/8/2024 10:28:12 AM
Lakes Online Forum
5,204 messages
Updated 9/14/2024 10:10:50 AM
(Parr Shoals Reservoir Specific)
0 messages
Updated
Lakes Online Forum
4,172 messages
Updated 9/9/2024 5:04:44 PM
Lakes Online Forum
4,262 messages
Updated 11/6/2024 6:43:09 PM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
MrHodja
-
|
Subject:
|
Gas Prices Rock
|
Date:
|
1/24/2015 5:39:55 PM
|
|
I saw that the Saudis' cost to produce a barrel of oil is about $12. With the billions if not trillions they have in cash reserves they could easily keep the cost of a barrel depressed for long enough to drive the frackers out of business. However, that also hits some of the less fortunate OPECers like Venezuela - whose economy is propped up by oil sales - pretty hard.
|
|