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To: headstamp 2

OPEC and other oil producing countries are trying to destroy the growing US oil industry. Once they do that, oil prices will rise.


15 posted on 01/12/2015 10:41:58 AM PST by kabar
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To: kabar

Exactly. Just like Verizon FIOS... they offer “introductory” offerings well below cost (and for OPEC, their costs are very low) to knock out Comcast, DirectTV, and others... and when they go under, BAM!


18 posted on 01/12/2015 10:44:50 AM PST by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: kabar
OPEC and other oil producing countries are trying to destroy the growing US oil industry. Once they do that, oil prices will rise.

Once they bankrupt US shale oil drillers, they can buy up their assets cheap and keep them from starting up again when oil prices rise again.

31 posted on 01/12/2015 11:27:03 AM PST by Dan Cooper
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