myrrph
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trying to figure out how to change my nick :P
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Post by myrrph on Dec 8, 2015 14:32:09 GMT 10
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Matilda
Senior Member
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Post by Matilda on Jan 4, 2016 22:31:33 GMT 10
I read only a week ago oil could remain around $40 a barrel out to 2020. I think the Saudis though have other things on their mind ATM. It's virtually a powder keg there and with Iran dabbling their feet in the water over the mass executions, anything could happen. Keep on prepping.
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Post by graynomad on Jan 5, 2016 22:42:42 GMT 10
Also with the low prices I gather they are running out of money and this might cause domestic issues. Couldn't happen to a nicer bunch of arseholes.
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tyburn
Senior Member
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Post by tyburn on Jan 6, 2016 15:46:48 GMT 10
Also with the low prices I gather they are running out of money and this might cause domestic issues. Couldn't happen to a nicer bunch of arseholes. I've always wondered what would happen to the Saudi royal family once the oil started to run out (which apparently began quite a while ago, however can't be proven due to the Saudis not releasing reliable data since the early 1980s), leading to no access to easy funds, closer scrutiny of the royals' excesses etc. Of course, if there were no oil in the middle east, no-one in the west would care what happened there. Apart from the hand-wringing lefties wanting to let all the refugees in of course.
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Post by graynomad on Jan 6, 2016 16:17:20 GMT 10
I think that once they can't buy everyone off they will be in trouble, and also apparently the new king ain't as savvy as the old one was.
If there was no oil there they'd still be living in tents and we'd be saying "Saudi where?", it's mostly our rampant consumerism that's brought them to power as it all needs oil.
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