To: nickcarraway
I hope you’re wrong about that $20/bbl. It needs to be at $60+ to make domestic production more viable. If it falls too far too fast, the Bakken will stop being profitable and confidence will fall in our off shore explorers. I’m afraid that the Saudis are trying to manipulate the market to prevent us from doing what is necessary to make ourselves more independent.
7 posted on
09/11/2008 1:05:57 PM PDT by
Uriah_lost
(Obama just woke up with a moose head in his bed....)
To: Uriah_lost
I’m afraid that the Saudis are trying to manipulate the market to prevent us from doing what is necessary to make ourselves more independent. Just increase your consumption.
10 posted on
09/11/2008 1:10:40 PM PDT by
VeniVidiVici
(Amazing how Obama, Rangel, Biden and Dodd all got killer mortgage rates and below cost property.)
To: Uriah_lost
I read the Nymex Oil chart to say $60-$70 will be the next level for a while.
11 posted on
09/11/2008 1:13:00 PM PDT by
bvw
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