Article

2015-05-05 Economy

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Posted by badanov 2015-05-05 00:00|| || Front Page|| [3 views ] Top

#1 The oil industry, with no help (or put more succinctly, with hindrance) from the Obama administration, has built in a tripwire to prevent oil from going as high as it did ever again.

Fracking wells can be restarted in as little as two weeks, inexpensively. As soon as the price gets to about $70.00, the wells can simply be switched on again and any rise in prices will be stopped cold. The oil industry did themselves (and all of us) a favor by defying the alt-energy and environmental extremist supported administration and did the right thing for themselves and for all Americans.

Markets really do work.

Posted by no mo uro 2015-05-05 05:49|| 2015-05-05 05:49|| Front Page Top

#2 The markets do indeed work nmu. Excellent analysis.

Posted by Besoeker 2015-05-05 06:22|| 2015-05-05 06:22|| Front Page Top

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