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To: kabar

Could a price war develop because of this ?


13 posted on 12/17/2015 8:04:00 AM PST by onona (Tagline: (optional, printed after your name on post):)
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To: onona

We will see the OPEC and Russian response. I guess you could cut production to raise the price of oil, at least short term. Oil is a global commodity. Flooding it with more supply will affect its price, i.e., drive it down.


15 posted on 12/17/2015 8:22:13 AM PST by kabar
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