This is a well thought out piece on Saudis motivations around production & the oil price.
Perhaps I think its well thought out bas I agree with it.
Its something I have been saying for a while.
Sell the oil now as there may not be a market for it in the future.
Gas may be different due to its lower emissions, but oil's future in its current state has a limited life, far more limited than there are reserves, that's for sure.
Its also why In think oil can go lower or at least stay lower as its about market share & pumping as much oil as possible.
http://www.energypost.eu/historic-m...nd-oil-age-coming-opens-valves-carbon-bubble/
Wow! oils up, page-16
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