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RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."


TSX:RMP - Post by User

Comment by TheRock79on Dec 07, 2015 11:23pm
359 Views
Post# 24363798

RE:RE:RE:Volume?

RE:RE:RE:Volume? The Saudis are playing a dangerous game. Even if they eliminate North American competitors in the short term with this strategy, they haven't thought it through. In order to keep these market shares they need to keep oil at these prices witch is unsustainable for them in the long run. As soon as oil starts to rise the shale producers will come back. The Saudis are in a loose loose situation. They will have their version of an Arab spring in the near future. 
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