posted on Jan, 18 2016 @ 08:58 AM
I believe we in the US will find that the 'Genie' is out of the bottle. The opec countries are finding their transition into 'oil adulthood' has
formed many competitors, all willing to cutthroat any and all countries with which they share oil sales. There is a BIG glut and these countries are
trying to move into the position of major exporters. By their own designs, they will collapse their markets in the rush to outsell, as their neighbors
try doing the same.
By 'oil adulthood' I mean the beginnings of opec were designed to work smoothly simply selling oil. Once some of the countries became wealthier and
re-invested in oil, they became competition within the cartels. With constantly changing alliances, the 'rule of opec' fragmented. It will only
continue to become more and more competitive as each country tries to out-produce each other. And for the US, we can pick and choose the price we are
willing to pay.......
And likely have opec members beating down our doors trying to sell exclusively to us.
And consider if Donald Trump gets elected, which looks very likely, We will massacre the market. By the passage of a years time, the market may be
ripe for Plunder. A nice change for everybody here who has been held captive by opec.