[quote=Arraya]LOL The Russians oil production peaked two years ago…
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LOL oil prices peaked two years ago too. Why spend money pumping it, refining it, putting it in tankers when the price is falling? Wait till the price hits $120/barrel in 6 months and you’ll see their production ramp right back up to where it was in 2008. Gold mines slow down when the price falls and ramp up when it increases, it’s the same in the oil biz too.