Replies to post #273069 on Simply Politics & News (GOV)

[back2basics]

"The reserves will be there whether they are active of not, and the price of oil will eventually go back up"

Good observation sherm. However---

"Inside OPEC room, Naimi declares price war on U.S. shale oil"

http://www.reuters.com/article/2014/11/28/us-opec-meeting-idUSKCN0JC1GK20141128

B2B