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<blockquote data-quote="The Other Side" data-source="post: 1428199" data-attributes="member: 17969"><p>It would be a catastrophe for "HIM". The Saudi Prince in charge of OPEC has stated his comfort with prices set at $70 a barrel. With prices at $70 a barrel, western countries would be less likely to find other sources of oil.</p><p></p><p>The prince in your link is only concerned for his holdings.</p><p></p><p>Russia is being CRUSHED and the ruble turning into garbage with the collapse of the oil prices.</p><p></p><p>The pain for Russia is greater than any sanctions the US could ever impose, and Russia is losing BILLIONS of dollars as oil collapses.</p><p></p><p>Putin has now ordered his troops to back off of ukraine. He knows his country will be brought to the brink of a depression should oil continue to drop below 75 dollars a barrel.</p><p></p><p>TOS.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 1428199, member: 17969"] It would be a catastrophe for "HIM". The Saudi Prince in charge of OPEC has stated his comfort with prices set at $70 a barrel. With prices at $70 a barrel, western countries would be less likely to find other sources of oil. The prince in your link is only concerned for his holdings. Russia is being CRUSHED and the ruble turning into garbage with the collapse of the oil prices. The pain for Russia is greater than any sanctions the US could ever impose, and Russia is losing BILLIONS of dollars as oil collapses. Putin has now ordered his troops to back off of ukraine. He knows his country will be brought to the brink of a depression should oil continue to drop below 75 dollars a barrel. TOS. [/QUOTE]
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