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RE: Wall St for Main St: Another Collapse In Oil Prices Is Possible
If we had free market in the oil industry, I think the prices will be higher due to oil companies now having to go off shore to find oil which is costly. Even fracking require oil prices to be at least $60.
Would they go up? You don't think we would just get it from countries that don't have to frack or go offshore? They still have tons in Venezuela, the Balkin's and other places.