1 posted on
10/13/2015 6:58:56 AM PDT by
Lorianne
To: Lorianne
I believe as many Freepers have speculated this is designed to weaken US producers so Buffet or his ilk swoop in to buy up their finds and gain control over US production
2 posted on
10/13/2015 7:01:19 AM PDT by
100American
(Knowledge is knowing how, Wisdom is knowing when)
To: Lorianne
New York Times Boom Dries Up, Taking Earnings, Thousands of Jobs With it
3 posted on
10/13/2015 7:03:06 AM PDT by
pabianice
(LINE)
To: Lorianne
I have family in the oil business. Cheap oil is costing lots of jobs in the industry.
4 posted on
10/13/2015 7:03:30 AM PDT by
socal_parrot
(I hate to say I told you so, but...)
To: Lorianne
With oil prices falling precipitously, capital-intensive projects rooted in the heavy crude mined from Alberta’s oil sands are losing money,So the oil is still there just not profitable right now? With the way things are going in the middle east it might be a good investment at today's rates.
5 posted on
10/13/2015 7:04:16 AM PDT by
McGruff
(Trump-Cruz 2016. Make America Great Again.)
To: Lorianne
Only hoping this does not result in the election of that leftist butthead Justin Trudeau.
To: Lorianne
“Our Friends” the Saudi’s are pumping oil at the same rate. They have decided they can drive the price of oil down and with a little help from the Greens, put fracking out of business.
10 posted on
10/13/2015 7:22:28 AM PDT by
hadaclueonce
(I thought Ethanol was the devil, now i find it is America is an Oligarchy)
To: Lorianne
The Oil will still be there when price goes up ,money in the Bank
To: Lorianne
Temporary only. Those resources are not going anywhere, and will be ready when prices return or added technology is begun.
18 posted on
10/13/2015 9:42:12 AM PDT by
bestintxas
(every time a RINO loses, a founding father gets his wings.)
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