InvestorsHub Logo
Replies to #42266 on FOREX TRADERS

Capitalist

01/24/15 7:38 AM

#42267 RE: Relentless Despot #42266

I'll second that. I also think this oil drop is aimed right at Putin, with the hit to frackers as icing on the cake.

However, I also think that economics will take its natural course, which will be that the fracking industry will be incentivized to improve their technology and lower their costs, thus keeping oil prices down over the long term, even after the geopolitical wrangling is over.