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To: allendale

The Saudis will last years past several other OPEC countries in the low oil price environment. Cash strapped doesn’t describe a countries with years worth of cash reserves.


4 posted on 01/25/2016 7:37:54 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

Not true. Take a closer look. They doubled the cost of gasoline within the “Kingdom” to raise cash. They are pumping as much as possible from their huge reserves and are selling at very low prices to raise cash. That is something they have never done. They are very hard pressed.


5 posted on 01/25/2016 7:46:25 AM PST by allendale
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