Putin Unbroken as Oil Decline Continues | Industrialized Cyclist Notepad

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Robert Hurst is the author of The Art of [Urban] Cycling, Road Biking Colorado, Hiking Through History Colorado, The Art of Mountain Biking: Singletrack Skills for All Riders, The Cyclist’s Manifesto, Best Easy Bike Rides Denver, Best Bike Rides Denver and Boulder, Road Biking Colorado’s Front Range, Mountain Biking Colorado’s San Juan Mountains: Durango and Telluride, and The Bicycle Commuter’s Handbook.

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Putin Unbroken as Oil Decline Continues

December 21, 2015, 10:14
Filed under: Uncategorized | Tags: China, energy, oil, putin, riyadh, Saudi Arabia

From Zerohedge.com:

In short, if John Kerry and Riyadh did in fact plan to bankrupt the Russians by tanking crude prices, the effort was a miserable failure that resulted not only in a 20% fiscal deficit for the Saudis, but the destruction of American jobs in the oil patch.

Source: “I Know Of No One Who Predicted This”: Russian Oil Production Hits Record As Saudi Gambit Fails | Zero Hedge

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