Perfectly rational that Saudis want to sell as much oil as - TopicsExpress

Perfectly rational that Saudis want to sell as much oil as possible now even if it means driving prices down to their marginal cost of production. The cost of fracking will continue to fall, the price of solar energy will likely continue to decline exponentially obeying Moores Law. Longer term better fission reactors and fusion energy is waiting in the wings. If the. Saudis expect oil prices to be lower in future then they should sell as much as possible today

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