Goldman Sachs: Oil to hit $20 a barrel in 2016

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Hararboy
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Re: Goldman Sachs: Oil to hit $20 a barrel in 2016

Post by Hararboy »

Its great for net oil consumers like Ethiopia or Somalia. Cheap oil is like steroids for these types of economies
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GAMES
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Re: Goldman Sachs: Oil to hit $20 a barrel in 2016

Post by GAMES »

The only downside is, a lot of Somalis worked in Canada's oil sands, and North Dakota (which is right next to MN) Shell oil.

Most of them got laid off or lost their jobs.

Other than that, gas prices are really cheap.
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