REDx Oil Wars Talk

Back in 2008...

...the picture has changed dramatically since then

~ -40%

http://marketrealist.com/2013/12/bakken-shale-major-driver-us-oil-production-growth/?utm_source=yahoo&utm_medium=feed&utm_content=graph-1&utm_campaign=bakken-shale-major-driver-us-oil-production-growth

Saudi Arabia

$3

Oil Production Cost CurveAverage Breakeven Prices

http://static.cdn-seekingalpha.com/uploads/2014/10/695520_14132960335271_0.png

> -40%

?

http://www.macrotrends.net/1369/crude-oil-price-history-chart

http://www.google.com/url?url=http://www.badgeronline.co.uk/badger-suspension-apology-farce-ussu-ussr/&rct=j&frm=1&q=&esrc=s&sa=U&ei=rKGKVO7EC-fW7AbFzIHwBQ&ved=0CBgQ9QEwAQ&usg=AFQjCNF7yFkiGstPH_5-KDxDbgStM7rFWg

http://www.google.com/url?url=http://www.operationworld.org/iraq&rct=j&frm=1&q=&esrc=s&sa=U&ei=G6KKVKbONu6R7AbVuYG4DA&ved=0CCIQ9QEwBg&usg=AFQjCNE0MJj8Q4feJhL6Y9WeEZEr3TIz9Q

http://www.google.com/url?url=http://commons.wikimedia.org/wiki/File:World_Ocean_Current.ja.jpg&rct=j&frm=1&q=&esrc=s&sa=U&ei=nqKKVJW_Lcuz7gaYkIGQDw&ved=0CDoQ9QEwEg&usg=AFQjCNGCJpFDDUa1uApT5jjsCDENbCem1w

...so how does this affect me?

• @ the pump?

• @ the grocery store?

• On my holidays?

57%Taxes & Duties

36%Crude Oil

4%Oil Company

3%Retailer

http://www.google.com/url?url=http://www.dailymail.co.uk/news/article-2040282/Tesco-launch-supermarket-price-war-Asda-Sainsburys-Morrisons.html&rct=j&frm=1&q=&esrc=s&sa=U&ei=WnCJVKWAKIOu7AbJ3oGACw&ved=0CCIQ9QEwBg&usg=AFQjCNHu_8EF-QJHRm7osJ9vMaNA-e83Jw

http://www.google.com/url?url=http://www.traveltalkmag.com.au/skytalk/new-era-of-airfare-price-wars-on-the-cards-for-europe&rct=j&frm=1&q=&esrc=s&sa=U&ei=nnCJVMXYHeqt7gbZ1IHICw&ved=0CCIQ9QEwBg&usg=AFQjCNEsvGcPRgenoKpn_QUXjfJ4ZnZjHQ

Hi Emeka, ur Nissan may b worth more than u think. Call 4 free appraisal+test drive. Gr8 used car range...

So...do I...

don’t I?

http://www.google.com/url?url=http://footyaccumulators.com/bets/bookmakers-specials/2014/october/not-got-a-betfair-account/&rct=j&frm=1&q=&esrc=s&sa=U&ei=qIWIVKu7OqXW7Qbt5YDgBA&ved=0CBYQ9QEwAA&usg=AFQjCNG7HdPaBcpqy4hRuFUza9cUKu92Yw

http://www.google.com/url?url=http://zalozibetfair.blogspot.com/&rct=j&frm=1&q=&esrc=s&sa=U&ei=3IaIVKbDJe2f7gbbiIC4Dg&ved=0CCAQ9QEwBQ&usg=AFQjCNE_DAw0fr1Agi6KAetvmTuvqGcmjA

http://www.google.com/url?url=http://www.youtube.com/watch?v=qtIEOe7CRT0&rct=j&frm=1&q=&esrc=s&sa=U&ei=3IaIVKbDJe2f7gbbiIC4Dg&ved=0CBoQ9QEwAg&usg=AFQjCNGlLtIl3iQr4_7TYTeu-pPv8hynKg

Documents

REDx Oil Wars Talk