12-14-2014, 10:39 AM
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Marketing & Strategy
Industry Role:
Join Date: Jun 2001
Location: Former nomad
Posts: 14,293
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Quote:
Originally Posted by Rochard
I must admit it's odd that prices have come down so fast.
Recently the United States has become the largest producer of oil in the world, passing Russia and Saudi Arabia. On top of this, we are producing shale oil at $45/barrel when the going market is twice that.
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What's a going market?
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