DLS 0.00% 69.0¢ drillsearch energy limited

End game to the oil rout, page-34

  1. 1,722 Posts.
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    A price war , like other types of wars is easy to start but very difficult to stop .

    Looks to me that the strategy of flooding the market has got out of control .

    At sub $50 dollar oil nobody is a winner other than energy users .

    Part of me is hoping OPEC agrees to keeps the taps open to the stops in their next meeting so we get to see what happens when U.S. hedges expire .

    I can't see the Saudi's having a stomach for this beyond 2016 .
 
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