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To: Gay State Conservative
To be more precise OPEC is trying to shut down our fracking.They can't be allowed to succeed.

They can only succeed by lowering their prices, which helps every other industry in America. If they succeed in shutting down our oil industry, and we are very close to producing as much as they do now, they will bankrupt individual companies, but the oil will stay in the ground, waiting for the price to go back up. The oil in the ground will act as a ceiling for their prices.

Meanwhile, the price they have to sell their oil at to shut us down is low enough that it will hurt many countries that aren't friendly to us anyway, including sponsors of terrorism. We still end up mostly winners.

21 posted on 11/28/2014 5:13:28 PM PST by Vince Ferrer
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To: Vince Ferrer

Your post is the only one that makes sense given the current scenario.


23 posted on 11/28/2014 5:16:40 PM PST by johniegrad
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