Replies to post #824 on Microsectors US Big Oil Index 3x Leveraged ETN (NRGU)

[Lowjack]

It's not like I'm pullin' numbers out of thin air...

Here is one source, but I did read before on the IMF site directly.

https://www.reuters.com/article/us-saudi-economy-budget/saudi-arabia-asked-state-agencies-to-implement-big-budget-cuts-sources-idUSKBN20Y0QA

Note: Current Saudi Debt to GDP is ~35%

Gas prices in the US are now higher than when oil was >$115!
Get the corn cobs out of my fuel system!