[thackney]

All civilized countries that produce oil should continue to do so despite falling prices.

Be sure to invest in companies that spend more money than they produce in revenue.

Producing oil isn't a hobby or charity.

[Gay State Conservative]

Be sure to invest in companies that spend more money than they produce in revenue.

Thirty four years ago,on my first visit to Guangzhou,China (once know in the West as "Canton") "rush hour" was a few trucks,a few buses,a few military vehicles and about 50,000 bicycles.On my most recent visit to that same city (earlier this year) rush hour was bumber-to-bumper Toyotas,Kias,Hundyais and Buicks (yes,Buicks).

Any drop in oil prices will be *very* temporary.A year or two,if not less.And if OPEC succeeds in shutting down fracking,and other production,in the bargain then it's the civilized world that loses.

[Oliviaforever]

“Producing oil isn’t a hobby or charity.”

Great line.

And spot on, as three are people who believes that oil should be sold under market value.

But with this downturn prices, it would appear that the Saudis and thus OPEC are working with US foreign policy to make Putin hurt.