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kleinbl00 · 3367 days ago · link · · parent · post: How Low Can Oil Go? Goldman Says $20 a Barrel Is a Possibility
Don't forget Venezuela. Also consider that the biggest consumer of oil these days is China, and their economy is in an uncertain place... and they mostly buy from Russia, Saudi Arabia and Kazakhstan. Geopolitically speaking, shale producers make FreedomOil. OPEC II: AMERICA STRIKES BACK. Only problem is how heavily it's fucking the manufacturing sector. Interesting times.