There was a time I’d agree with you, but we’re not in that kind of market right now. We are in a place where “wars” not only take place on a battlefield, but with drones, cyber attacks, and economies.
Gone and lost in a deep black whole of the internet are the events that lead up to the market crash of 2008. Everyone was so distressed by our own market crashing...nobody ever really heard that huge sucking sound about 72 hours prior to the crash.
Low Oil Prices Put The World Economy At Risk In The Longer Term
Read more: http://www.businessinsider.com/how-low-oil-prices-could-crush-the-economy-2014-11#ixzz3LiI7L9tz
Some of these countries use oil to repay debt, the question then should be, “Why is OPEC fueling the glut?” There is a serious downturn being orchestrated, but by whom and why?
Sure we’re fracking and if we had the Keystone Pipeline I might agree we’re actually causing the free fall in crude. But, prices drop too far...then fracking is not worth the cost, unless we’re at war.