Quote:
Originally Posted by stampsx2
Saudis today saying low oil prices are temporary. They're not making money at $55/barrel and decreasing demand by weakening the global economy. Oil production is more than just for gas.
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I'm sorry - this post is a bit confusing. "They're (the Saudis) not making money at $55/barrel and decreasing demand by weakening the global economy,"
The Saudi's are weakening the global economy? Low oil prices are weakening the global economy? Or did you mean "They are not making money at $55 and the decreasing demand (of oil) caused by a weakening global economy"?