$1 Trillion In Global CapEx At “Unambiguous” Risk As A Result Of Crude Crash
by Tyler Durden
ZeroHedge.com
12/16/2014
Just like with the Mohammed Islam story, the religious belief by the cheerleading crew that the crashing price of oil is so “unambiguously, unquestionably, undisputably” good for the US is so taken for granted, that nobody actually checked the facts.So here is one such attempt by the FT, which writes that “almost $1 trillion of spending on future oil projects is at risk as a result of the plunge in crude to $60.”
The Rest…HERE
