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What would war between Saudi Arabia and Iran do to the price of oil? : Comments
By James Stafford, published 20/1/2016Saudi Arabia has a variety of reasons to not back down, not the least of which is the very real sense of being besieged on multiple fronts.
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Saudi/Iran tensions, here is a bit of news that is back down to earth.
But, Moody’s also added several large oil companies to that list of
possible credit downgrades, including Royal Dutch Shell (NYSE:
RDS.A), Statoil (NYSE: STO), and Total (NYSE: TOT). “Even under a
scenario with a modest recovery from current prices, producing
companies will experience much lower cash flows. Today's review for
downgrade considers that much weaker industry fundamentals have
potential to warrant rating changes” for those companies, Moody’s
wrote in a press release.
This is another pointer to problems in the industry after Shell
selling assets such as Woodside just to pay dividends.
Rhosty,
charge a 500km vehicle battery in 4 seconds ?
You would need a three phase supply with cables as thick as your leg.
Bit difficult for a curbside charger.
Either that or a 132 Kilovolt supply. A bit nasty curbside.
Think what that would do to the street's supply if it was in your garage !