The reason for falling oil prices explained (maye)

The Saudi's can drop oil prices down to teh $60 area and still breakeven, the big companies here cannot because of what the costs are (labor,shipping, etc) so many are already tell the media htat they are closing down operations at a lot of locations to save $$$. Thay are also saying they will be let folks go as they cannot afford to pay them and the shareholders (bonus for the top folks). There is a website (prices)that shows the price of fuel in every country and some pay less than 15 cents a gallon... the reason is cost vs profit. The oil companies that are having to close down operation s are all about GREED. It is political but not Rep vs Dem, it is country vs country.