Talk of The Villages Florida - View Single Post - Gas prices go lower
Thread: Gas prices go lower
View Single Post
 
Old 11-04-2014, 08:37 PM
Sandtrap328's Avatar
Sandtrap328 Sandtrap328 is offline
Eternal Member
Join Date: Oct 2014
Posts: 5,349
Thanks: 0
Thanked 5 Times in 4 Posts
Default
Quote:
Originally Posted by tcxr750 View Post
Saw Richard Hastings of Global Hunter Securities on CNBC suggesting that the the Conventional Oil Producing countries are keeping up production to force lower prices which would force leveraged Unconventional Oil production (Shale Oil) out of business. Don't trade your Prius in for the GMC Yukon Denali just yet!
Isn't this the "free-market" system that so many on here keep talking about?