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Non-Cattle Specific Topics
Coffee Shop
Could we see $1.50 gas
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<blockquote data-quote="Caustic Burno" data-source="post: 1621368" data-attributes="member: 694"><p>The Saudis wanted to keep making the same amount of money at a lower production rate as there is a glut right now.</p><p>OPEC (Saudis) wanted a production cut to boost prices and Russia didn't play along.</p><p>So now they are seeing who the bull of the woods is.</p><p>Saudis or Russia will holler calf rope as they are both loosing money in the price war. They are not competing for near as many American dollars since we turned up production. Our largest importer is Canada , followed by Saudis and Mexico.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 1621368, member: 694"] The Saudis wanted to keep making the same amount of money at a lower production rate as there is a glut right now. OPEC (Saudis) wanted a production cut to boost prices and Russia didn’t play along. So now they are seeing who the bull of the woods is. Saudis or Russia will holler calf rope as they are both loosing money in the price war. They are not competing for near as many American dollars since we turned up production. Our largest importer is Canada , followed by Saudis and Mexico. [/QUOTE]
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Could we see $1.50 gas
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