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To: demshateGod

How low can the Saudis go before they cannot afford to drill/pump?


24 posted on 04/09/2015 11:32:57 AM PDT by Resolute Conservative
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To: Resolute Conservative

I believe the Saudis have the lowest cost of production. So, everyone else gives up because MR < MC before the Saudis.


35 posted on 04/09/2015 12:18:58 PM PDT by Uncle Miltie (I want the Halal butcher to cut up my pig. If he doesn't, I'm filing charges.)
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To: Resolute Conservative
This data is from about the last time I heard what the stats were:


36 posted on 04/09/2015 12:20:37 PM PDT by Uncle Miltie (I want the Halal butcher to cut up my pig. If he doesn't, I'm filing charges.)
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