OPEC wants to keep the price of oil just low enough that it isn't profitable for the US to produce it's own energy. It costs around $90 per barrel to squeeze oil out of shale so as long as oil costs just less then that, arabs will get the money and not the Canadians.
__________________ "We're equally proud of our safety record. Not once in our nearly 50 years of operation has an animal pathogen escaped from the island."
about time someone did something to force those canadian bastards to institute Total Quality Management and produce oil for less.
__________________ tax collectors, fishermen and whores, baby. i am super humble, and better than bacon doctorboogie fanclub member #1
@jorgedomingo on twitter.