Wouldn’t it be smart for the US to also throttle their production?


Wouldn’t it be smart for the US to also throttle their production?

I mean, they are pretty much the single reason for the price drop right now, and the cause of the slump in 2014. Would it not be In their best interest to slow down production to keep the price at a level that is sustainable for fracking? At this rate OPEC is going to stop throttling their production very soon I would think.

Submitted March 14, 2017 at 12:26PM by gebbatron
via reddit http://ift.tt/2moNUj0

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