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Old 02-29-2016, 04:10 PM   #1737
nik-
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Originally Posted by bsimms View Post
So if the Saudi's are going through approx 95 billion/year, and this downturn is approx 1 year old... they only have 6.5 years until $0. What will Alberta look like in 6.5 years from now with sub-forty dollar oil? I think the Saudi's will be just fine, but not so sure about us.
They're not going to blow all their cash reserves in the hope they can control the market when this turns around.
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