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1 posted on 10/19/2014 6:48:32 PM PDT by SeekAndFind
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To: SeekAndFind

Hmmmmm, nope! None of them are on my list of favorite countries.


2 posted on 10/19/2014 6:50:10 PM PDT by ansel12 ( LEGAL immigrants, 30 million 1980-2012, continues to remake the nationÂ’s electorate for democrats)
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To: SeekAndFind

I saw gas for $2.699/gal today. It makes Obama sad that we aren’t sending more money to Muslim countries who hate us.


3 posted on 10/19/2014 6:51:16 PM PDT by Blood of Tyrants (The cure has become worse than the disease. Support an end to the WOD now.)
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To: SeekAndFind

Well...My tears are flowing like rain!


4 posted on 10/19/2014 6:54:12 PM PDT by Dallas59
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To: SeekAndFind



5 posted on 10/19/2014 6:57:17 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: SeekAndFind

It’ll hurt the US also. Oil/gas is about the only positive in the economy. If oil drops to a certain level, drilling here in the Bakken will cease, I’m afraid.


6 posted on 10/19/2014 6:57:29 PM PDT by upsdriver (Palin/West '16)
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To: SeekAndFind

If the purported fusion breakthrough that Lockheed is touting turns out to be real then these countries are DOOMED soon anyway.

There would be a mad rush to pump and sell oil while it had value.

http://www.popsci.com/article/science/lockheeds-fusion-promise-what-we-know-so-far


7 posted on 10/19/2014 6:58:33 PM PDT by Bobalu (Hashem Yerachem (May God Have Mercy)
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To: SeekAndFind

Obama and the left have fought drilling and fracking every step of the way. It’s the only are that is helping our economy right now. They’re too stupid to see that.


8 posted on 10/19/2014 6:58:36 PM PDT by boycott
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To: SeekAndFind

What’s the fiscal break-even price for oil in the USA?


9 posted on 10/19/2014 7:00:47 PM PDT by Ken522
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To: SeekAndFind

Watch Obama try to fix it for ‘em.


10 posted on 10/19/2014 7:04:03 PM PDT by Slyfox (Satan's goal is to rub out the image of God he sees in the face of every human.)
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To: SeekAndFind

I’m sure that Saudi Arabia has substantial financial asset holdings that it can rely upon in the short time to cover any “current accounts” deficits. Long term, low oil prices could even be a problem even for the Saudis.


14 posted on 10/19/2014 7:12:55 PM PDT by House Atreides (ANOTHER CONSERVATIVE REPUBLICAN FOR CHILDERS 2014 .... Don't reward bad GOPe behavior.)
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To: SeekAndFind

I’m ok with that.


24 posted on 10/19/2014 7:37:16 PM PDT by originalbuckeye (Moderation in temper is always a virtue; moderation in principle is always a vice. Paine)
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To: SeekAndFind
Previously, OPEC members would agree to cut oil production if falling prices posed a threat. That may now have changed because of the shale oil boom in the US, which has dramatically increased supply.

Oh it be rich the irony!

26 posted on 10/19/2014 7:43:32 PM PDT by Hostage (ARTICLE V)
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To: SeekAndFind

Friday’s price was $82.75/bbl, not $87.00/bbl.


31 posted on 10/19/2014 8:27:31 PM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: SeekAndFind
I'm surprised to see Bahrain on the list. They pumped out most of their oil years ago and became a financial center for that part of the world. But I think they also used their earning to invest heavily into oil and gas refining and retailing.

I like the Bahrainis-- the friendliest of the Arab countries, by far.

34 posted on 10/19/2014 9:10:13 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: SeekAndFind

The economic slowdown is even being felt in China. Less economic activity means less demand for energy.


36 posted on 10/19/2014 9:34:41 PM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: SeekAndFind

Let ‘em go broke.


46 posted on 10/19/2014 11:43:15 PM PDT by Reno89519 (For every illegal with a job, there's an American without one.)
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To: SeekAndFind
Just to be sure - this is a chart of how much these governments SPEND verses their INCOME from oil.

All are mostly socialist countries.

48 posted on 10/20/2014 2:06:00 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: SeekAndFind

There seems to be a math error. The headline says six but the article only lists three of which Saudi Arabia is one.

To compare the Saudi economy with the Venezuelan economy is not valid.


53 posted on 10/20/2014 4:46:16 AM PDT by bert ((K.E.; N.P.; GOPc.;+12 ..... Obama is public enemy #1)
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To: SeekAndFind

54 posted on 10/20/2014 4:54:47 AM PDT by McGruff (The whole Omama Administration is a breach in protocol)
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To: SeekAndFind

Odd, I dont give sh@t about any of those countries..


56 posted on 10/20/2014 4:38:16 PM PDT by cardinal4 (Certified Islamophobe..)
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