Saudi Arabia entering economic troubles as oil prices remain low.

[Thelurker1234]

How dare this subforum have actual debate

[Not DuCT]

[QUOTE=thelurker1234;49422769]How dare this subforum have actual debate[/QUOTE]

Debates aren't sensationalist enough.

[Knightclub]

well this was on the cards with the on going rift between Iraq and OPEC its Saudi who has suffered a lot and not only these a major competitor to these is the emergence of Libya ,Libya remains divided between two governments, which are fighting for what remains of the oil revenues. A Libyan militia, one of hundreds that have mushroomed in the country since it was “liberated”—no thanks to NATO forces—controls some oil-producing facilities, which is ultimately affecting the Saudi Arabia economy and not only these if the situation is not going to change soon there would be scenario in which the [URL="http://www.profitconfidential.com/oil/oil-prices-if-this-happens-we-could-see-a-super-spike-in-oil-prices/"] Oil prices [/URL] per barrel will be low as $10

[highlight](User was permabanned for this post ("bot" - Orkel))[/highlight]

[Kentz]

looking forward to the day when the middle east can earn money and create some real jobs instead of draining black goo from the ground