They must do so because if US drillers can't survive then no ones could.
What's about massive investments in on-shore around the world. Are all og companies totally wrong.
Is Saudi successfully getting rid of the Shale game. Even Saudi didn't know why oil was up in previous months they said "only God knows"
All the problems are because of the strong USD. To be more specific that problem is created by Yellen, the Fed.
The Fed role MUST not GUESS to point out when will an interest rate hike. This has confusing us for a whole year.
It's good to see how the Fed trying to push up the inflation rate.
China GDP is a clear example. Last year CN GDP was 10% with a LOW yuan(40% undervalued ). Now CN GDP is only 7% with a higher Yuan (20%overvalued)
Inflation is effective with LOWER USD and a balanced TOT figure b/w exports/imports.
Yuan devaluation is a pain in US exports
Stronger USD is a pain for US exports
So how the US is going to lift its inflation level.
I need to see more CPI data
CPI in Europe is now up
who else
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