Quote:
Originally Posted by cashflyer
The Saudis are selling cheap oil to make fracking* unprofitable.
After companies give up on fracking8, oil prices will go back up.
*and other alternatives
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Really? The Saudis are going to take a financial hit and undersell oil to the whole world to try and making fracking in the US unprofitable? Really?? There is no way the Saudis have the money, leverage to do that if they wanted to.