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Check out Maria van der Hoeven, executive director of the International Energy Agency http://www.reuters.com/article/2014/10/13/us-shaleoil-energy-breakeven-idUSKCN0I21GG20141013

Big-Muz can hate the pig munchies til hell freezes over, and black sack their ladies svp. Its oil that's become death of them.

Rab

1 posted on 10/13/2014 10:00:07 PM PDT by Rabin
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To: Rabin

We’re at $2.83 a gallon regular unleaded, $3.28 for diesel.


2 posted on 10/13/2014 10:07:10 PM PDT by 2ndDivisionVet (The question isn't who is going to let me; it's who is going to stop me.)
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To: Rabin

Its no coincidence Putin pulled his forces back from the Ukraine border recently. These low prices coupled with the sanctions are killing their economy. Interesting point about the Saudis trying to hamstring our growth.


3 posted on 10/13/2014 10:07:32 PM PDT by steel_resolve (And an angel still rides in the whirlwind and directs this storm)
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To: Rabin

Elections coming up—seems the price always tanks in an election year. (keeps the conservatives in the patch from donating as heavily as they might)


9 posted on 10/14/2014 1:52:07 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Rabin

Cheap oil in the 80s was one of the factors that helped Reagan win the cold war.


10 posted on 10/14/2014 2:51:27 AM PDT by samtheman
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To: Rabin

More money for other goods.....like my premium increase thanks to Obamacare.


14 posted on 10/14/2014 4:47:36 AM PDT by Sacajaweau
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