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To: thackney
I read in one of the economic periodicals that it was the Saudis driving the bus on this. I could be wrong. Thanks for tightening me up.

Low oil prices are definitely going to hit Russian, Iran and Venezuela pretty hard.

26 posted on 01/21/2015 11:16:59 AM PST by USNBandit (sarcasm engaged at all times)
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To: USNBandit

Lots of folks writing about blaming the Saudis. I haven’t read one that actual gave actions they believed the Saudis took.

I think this is a good short summary of how we got here and the immediate future on the oil price.

http://www.freerepublic.com/focus/f-news/3249158/posts


27 posted on 01/21/2015 11:19:39 AM PST by thackney (life is fragile, handle with prayer)
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