OPEC Wants to "Crush US Shale" Oil Change International
Jan 14, 2015· Just how low can the oil price go? What was unthinkable even a few months ago is now becoming distinctly probable, even likely. As analysts dissect the ramifications for the oil industry of 40 dollar barrel, oil traders are now thinking that the price of crude will halve that to a staggering 20 a barrel. Prices have not been that low for twenty years.