IF THE ENERGY PRODUCERS, INVESTORS AND SPECULATORS FELT THE GLOBAL ECONOMY WAS STEADY OR GROWING, THEN OIL WOULD NOT BE CRASHING.
BUT IT IS DEFINITELY CRASHING.
THE LAST TIME ENERGY PRICES COLLAPSED IT LED TO THE ENTIRE BUBBLE BURSTING.
DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
5 comments:
Low Oil prices are good, because they fuck up OPEC and help Fracking and LNG in America.
If we had a visionary President, the time is ripe to break OPEC.
http://astuteblogger.blogspot.com/2013/05/will-liquefied-natural-gas-transform.html
Lower energy prices are good for consumers. but, too low and fracking dowsnt pay. And the precipitous crash is not a result of beneficient oil prodcuers all of a suddent dediring to help consumers. It is because they realize the globsl economy is stzlling and that since inventories are already high, prices crwsh.
Yes, you are right.
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