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2015-01-12 Arabia
Saudi prince: $100-a-barrel oil 'never' again
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Posted by Fred 2015-01-12 00:00|| || Front Page|| [11131 views ]  Top

#1 The Saudis don't control the price of oil the way they once did. He is overstating their influence. I AM sure I have no control over the price, which I must either pay or do without oil.
Posted by Anguper Hupomosing9418  2015-01-12 06:07||   2015-01-12 06:07|| Front Page Top

#2 Umm, anyone care to make a wager?
Posted by Shipman 2015-01-12 06:16||   2015-01-12 06:16|| Front Page Top

#3 "I call that bold talk for a one-eyed fat man."
Posted by Besoeker 2015-01-12 06:20||   2015-01-12 06:20|| Front Page Top

#4 I may be fat, but I have two eyes.
Posted by Anguper Hupomosing9418  2015-01-12 06:24||   2015-01-12 06:24|| Front Page Top

#5 Whatever happened to peak oil?
Posted by European Conservative 2015-01-12 06:25||   2015-01-12 06:25|| Front Page Top

#6 Whatever happened to peak oil? The same thing that happened to inflation -- that is, corrected for inflation, prices have not changed at all!
Posted by Anguper Hupomosing9418  2015-01-12 07:18||   2015-01-12 07:18|| Front Page Top

#7 The same thing that happened to inflation

Now, when will this happen to AGW?
Posted by AlanC 2015-01-12 08:27||   2015-01-12 08:27|| Front Page Top

#8 How's that working out for you? Useful self indulgent egotistical arrogant idiots who really believe they know what's better for us.
Posted by Procopius2k 2015-01-12 09:25||   2015-01-12 09:25|| Front Page Top

#9 Now is the time to push even harder to complete the pipeline and grow shale and fracking. They are on the ropes - this would be a crushing blow.
Posted by Yosemite Sam 2015-01-12 12:08||   2015-01-12 12:08|| Front Page Top

#10 Agree w/ YS, except the low prices are keeping new wells from being driven; existing wells are 'sunk costs' pardon the pun, but to punch new ones takes money. A report from last month showed permit applications in TX and the Bakken Field way down compared to either last year or previous months.

However Crude by Rail is expected to remain steady for the next year. Even if Keystone passes it is a crap shoot if the desire is there to fund the construction at this time.
Posted by USN, Ret. 2015-01-12 14:51||   2015-01-12 14:51|| Front Page Top

#11 Oil and gas producers can cut a lot of fat out of their production and distribution models.
Posted by bman 2015-01-12 14:58||   2015-01-12 14:58|| Front Page Top

#12 Forget the recent downturn in gasoline prices at the pump. Keystone approval requires the 'long view.' There is NO MORE ECONOMICAL method of shipping crude oil or natural gas than a pipeline.
Posted by Besoeker 2015-01-12 15:05||   2015-01-12 15:05|| Front Page Top

#13 Saudi's have no money to buy off the radicals they helped create, and no money to finance Mosques that create new radicals. Win/win.

Let them reap what they sowed and become the geopolitical equivalent of Africa.
Posted by rjschwarz 2015-01-12 15:19||   2015-01-12 15:19|| Front Page Top

#14 Last we heard from the illustrious financial commentator, brilliant investor and all-around brain Prince Alwaleed bin Talal he was dumping a few billion into Citigroup in 2008 at an equivalent share price, net of that 1:10 reverse split, of around $400/share. And he was telling us it was a screaming buy. Wonder how that's working out for him?
Posted by Sheater Thud2458 2015-01-12 16:18||   2015-01-12 16:18|| Front Page Top

#15 I call that bold talk for a one-eyed fat man.

Fill your pants, you saud of a bitch!
Posted by swksvolFF 2015-01-12 19:40||   2015-01-12 19:40|| Front Page Top

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23:29 KBK
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