Saudi Arabia old oil and the US frackers are currently in a price war. Oil is cheaper for every importer, not just for those who happen to use the U.S. dollar as their domestic currency.

Also, both are trying to screw the Russians(who are dependent on oil money).

Open thread, Dec. 15 - Dec. 21, 2014

by Gondolinian 1 min read15th Dec 2014309 comments

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