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Old NEM MB
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half assed editorialResilience of shale and disappointment of OPEC don't you read the crap before you post it... saudi arabia and some other gulf states bypassed Opec and unilaterally started pumping more oil.... Almost nine months have passed since the historic OPEC meeting when its swing producer role was abolished and its members were allowed to produce as much oil as they can the canadian oil business is on life support and many of the american frackers are on life support too even syncrude which was supposedly making money in the face of low oil prices crapped out and admitted they needed $46 a barrel to break even... How long do you think canadian oil producers can pump out oil at at least $10 a barrel loss.... western canada select must have snapped back a bit but it is closer to $25 a barrel than $46 a barrel... we are sitting here on the eve of the collapse of the american oil fracking business... and the media and the President and the bought and paid for congress critters can't cover it up for much longer...... this oil price smash is not going to crush russia and putin at all... in fact putin is coming to the UN and there he will rub our latest neocon inspired oil price failure right in our faces hey putin put out a video showing him acting like he is the cock of the walk and eating steak for breakfast to boot WHAT DO YOU THINK HE WAS TRANSMITTING TO THE ADMINISTRATION IN REGARD TO THEIR FAILING OIL PRICE SMASH CAMPAIGN Putin's gym photos prove the regime is out of ideas Radio Free Europe/Radio Liberty Russian President Vladimir Putin (R) and Prime Minister Dmitry Medvedev exercise in a gym at the Bocharov Ruchei state residence in Sochi, Russia, August 30, 2015. See Also Sure it was awkward, strange, and kind of ridiculous. But there was also something a bit retro about the video the Kremlin released over the weekend showing President Vladimir Putin and Prime Minister Dmitry Medvedev pumping iron and having breakfast together in Sochi. Read more: http://www.businessinsider.com/putins-gym-photos-prove-the-regime-is-out-of-ideas-2015-9#ixzz3kVrEvs6r |
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