Replies

To: nickcarraway

I don’t think there are any producers who can sustain $10/bbl. Not even Saudi Arabia. Therefore, I really don’t think we’ll see $10/bbl oil.

10 posted on 03/16/2020 1:49:37 PM PDT by zeugma (I sure wish I lived in a country where the rule of law actually applied to those in power.)

To: zeugma

Even though Saudia Arabia gets it out of the ground cheaper, they can afford it less than other nations. They have $84/barrel already allocated.

12 posted on 03/16/2020 1:53:08 PM PDT by nickcarraway

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