Is Venezuela's Downward Spiral OPEC's Achilles Heel Or Saving Grace? | WHAT REALLY HAPPENED


Is Venezuela's Downward Spiral OPEC's Achilles Heel Or Saving Grace?

OPEC and US Shale have been duking it out in the oil markets for a few years now - ever since the days of $100 oil. OPEC, led by Saudi Arabia, took up a campaign to flood the market with oil to drown out the rising stars of the US Shale world. But that $100 oil came at a price, and the glut sunk prices to uber lows that hurt every oil producer in the world - some more than others.

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