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To: KoRn
The problem that OPEC has is that they may run a few producers out of business, but that oil is still there in the ground.

They can't destroy that, and be the last ones standing.

/johnny

16 posted on 11/27/2014 3:48:27 PM PST by JRandomFreeper (Gone Galt)
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To: JRandomFreeper

True. Over the long term, even if some go bankrupt because of the low prices, as soon as they manipulate prices back up, those wells will be brought back into operation. Over the long term, they can’t win that war. As you correctly stated, the oil is STILL there.


21 posted on 11/27/2014 3:57:06 PM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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