Dont know if any of you follow this sort of thing. Without a change in the contributing factors, the shale industry is heading for some rough times. But thats not the half of it. This article is a great overview of the game in play, and how Russia is being pushed into a corner. A separate article just now talks about the ruble falling in value and the actions of the Russian Central Bank to prop it up. Serious stuff. blogs.reuters/great-debate/2014/12/15/saudi-arabia-is-playing-chicken-with-its-oil/
Posted on: Tue, 16 Dec 2014 02:33:37 +0000
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