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Oil and Gas Discussion BB
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Re: Opec will push US shale over the edgeThey Sauds just needed to create zombie shale companies, not put them out of business. Moving them into stronger hands would have been a mistake. Leaving them barely alive and unable to expand or access new credit was the plan and they nailed it. I think they have now succeeded... perhaps continue to punish them through year end and then cut just to be sure. COOP |
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Msg # | Subject | Author | Recs | Date Posted |
34048 | Re: Opec will push US shale over the edge | Alain1601 | 4 | 10/9/2015 6:29:26 PM |