The Real Cause Of Low Oil Prices: Interview With Arthur Berman

by Tyler Durden
ZeroHedge.com
01/07/2015

“We’ve read a lot of silly articles since oil prices started falling about how U.S. shale plays can break-even at whatever the latest, lowest price of oil happens to be. Doesn’t anyone realize that the investment banks that do the research behind these articles have a vested interest in making people believe that the companies they’ve put billions of dollars into won’t go broke because prices have fallen? This is total propaganda.”

The Rest…HERE

This entry was posted on Thursday, January 8th, 2015 at 2:00 am and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.