Good Evening Clo~!
It seems all the market imbalances perpetrated by OPEC are going to be unwinding at the same time.
The list of countries that face economic and social turmoil because of the oil price collapse grows longer and longer.
Socialism, communism and theocracy are no longer going to be financed with cartel profits.
I just paid $2.09 a gallon here on Long Island.
I want to see producer pain all over the world.
Oil oil everywhere. Let the glut begin.
All countries where oil is the preponderant source of GDP are skewed and unbalanced. The "free ride" of oil profits creates sloth and laziness and indolence.
Let's see low oil prices subsidize democracy and market capitalism for fifty years.