The Saudis will be out of money in 5 years according to the IMF
Comments
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Who is funding them?OZONE said:
But since this country is the primary financier of radical Islamists -- it won't hurt to have some of their money going away.RaceBannon said:The world needs another failed country filled with fanatical Muslims
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Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI. -
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways. -
PICS, DAMNIT!ThomasFremont said:
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways.
-
The ones that got out and moved to Beverly Hills are. The ones that #whyistayed are wrapped from head to toe.ThomasFremont said:
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways.
Fag religion -
hardcorehusky.com/forums/#/discussion/24789/its-hardPurpleThrobber said:
PICS, DAMNIT!ThomasFremont said:
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways.
-
Right now the Saudis are driving some of the US onshore companies out of business. Their credit lines are drying up and we're starting to see US production fall. I expect that in mid-summer 2016 Saudi Arabia will start to curtail production. While they do want to protect some market share they are hurting for cash and know they can cut production 20% to increase commodity price by 50+%. Most of OPEC desperately wants oil prices back and will happily work with the Saudis to prop prices back up. We won't see prices back over $100 soon because onshore US production can come back online pretty readily and will if the margin is there. I think we'll see some oscillation around $70 oil for some time to come starting late next year.
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If you can't spot a hottie under a burka, I can't help you.RaceBannon said:
The ones that got out and moved to Beverly Hills are. The ones that #whyistayed are wrapped from head to toe.ThomasFremont said:
Good.salemcoog said:
Once again Obama ahead of the curve.OZONE said:
https://www.reddit.com/r/worldnews/comments/3q744o/saudi_arabia_to_run_out_of_cash_in_fewer_than_5/
This can't happens soon enough.
I sure hope nobody from the Bush family (their butt buddies) is in any position to help them out.
He's gonna help make IRAN the new SAUDI.
Iranians are hotter than Saudis anyways.
Fag religion -
The Saudis.sarktastic said:
Who is funding them?OZONE said:
But since this country is the primary financier of radical Islamists -- it won't hurt to have some of their money going away.RaceBannon said:The world needs another failed country filled with fanatical Muslims
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Unfortunately, supply and demand has had less of an impact on the price than the value of the US dollar. And the Saudi's are happy with oil closer to $60. That's the area of the break even point for oil in the Bakken oil field, where most of the US production has increased the last 10 years. So anything over that, the production will increase from the US and less oil will come from the Saudi's.Mad_Son said:Right now the Saudis are driving some of the US onshore companies out of business. Their credit lines are drying up and we're starting to see US production fall. I expect that in mid-summer 2016 Saudi Arabia will start to curtail production. While they do want to protect some market share they are hurting for cash and know they can cut production 20% to increase commodity price by 50+%. Most of OPEC desperately wants oil prices back and will happily work with the Saudis to prop prices back up. We won't see prices back over $100 soon because onshore US production can come back online pretty readily and will if the margin is there. I think we'll see some oscillation around $70 oil for some time to come starting late next year.
