Replies

To: kidd

One idea is starving ISIS.

Saudis have reasons better than shale to let prices fall
http://www.freerepublic.com/focus/f-news/3225105/posts

4 posted on 11/20/2014 5:53:44 AM PST by thackney (life is fragile, handle with prayer.)

To: thackney

One idea is starving ISIS. Saudis have reasons better than shale to let prices fall http://www.freerepublic.com/focus/f-news/3225105/posts

The Saudis haven't increased or decreased oil production.

13 posted on 11/20/2014 1:40:25 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)

To: thackney

“Starving ISIS”

Not sure that makes sense.

Most of ISIS wells are in Iraq, and some in Syria.

I will guess that ISIS production costs are reasonably close to Saudi production costs, which are around $10 per barrel.

28 posted on 11/20/2014 4:15:40 PM PST by zeestephen

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