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bbotcs

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Re: P2OBleavR post# 114114

Thursday, 06/16/2011 12:22:20 PM

Thursday, June 16, 2011 12:22:20 PM

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P20BleavR: "Those companies don't even exist today. Do you honestly think Big Oil will allow prices to drop to that level. Ever hear of controling the price of oil?"

That would depend on the strength of OPEC. Some say the cartel is falling apart. If we drilled like crazy in the Gulf oil prices would drop. There is more oil there than in Saudi Arabia.
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