Quote:
Originally Posted by Mike D
Why would OPEC flood the market? They can still sell their oil to the Asian countries. China alone, could easily use any oil earmarked for the U.S.
I'm thinking sustainability is the key phrase here. IF they can make this a viable source of oils then they have a shot, price or no price.
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Lets say they could, how much oil COULD they produce that will drop it to way below what we are paying?
If they can make it cheaper to produce oil, I agree they will have a shot.