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To: jttpwalsh
Where does that oil go? Does it disappear if some companies go bankrupt?

I'm familiar with bankrupt oil companies, being from Texas.

/johnny

62 posted on 11/30/2014 7:38:11 PM PST by JRandomFreeper (Gone Galt)
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To: JRandomFreeper

Thanks for your reply. Point taken, certainly the oil remains in the ground, and another company can extract it, during a different point in the boom/bust cycle.

I hope this tactic backfires on OPEC, big time, but I have no doubt that the motivation is to mess with their competition.


90 posted on 12/01/2014 4:17:56 AM PST by jttpwalsh
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