I read a lot about the subject and couldn't come up with a satisfying answer as ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

aikah on March 8, 2015 | parent | context | favorite | on: The Price of Oil Is About to Blow a Hole in Corpor...

I read a lot about the subject and couldn't come up with a satisfying answer as to why the Saudis are doing that. All I know is they are playing a very dangerous game and Washington is letting them do it.

People say,there will be no consequences for USA,but oil prices will go up again sooner or later. What then ? I don't believe shale oil is an explanation.

tptacek on March 8, 2015 [–]

You don't believe shale oil is an explanation... why? Have you looked at the barrels/day production figures for shale oil? They are gargantuan.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact