Quote:
Originally Posted by Delgar
Quote:
Originally Posted by Mr.Coffee
Their operating costs are lower anyway. If you're a true capitalist, it's the States that should be cutting production.
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That is just it. The US continued to ramp up production, and the Saudis can extract the product cheaper. Your post suggests the answer.
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Not necessarily. That would depend on US overall objectives. Low oil does not hurt US economy as much as it hurts Alberta economy. I would guess that it actually benefits it quite a bit more than it hurts it.
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"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
“To generalize is to be an idiot.” William Blake
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