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Qatar going out of business sale

Old 01-01-2016, 08:00 AM
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While that is true, it is only part of the price decline. To simplify, the US etc ramped up production which caused a major increase in supply. So the price dropped. Oped then chose to keep prices low because us production depends on relatively high prices to be profitable, This has had the effect of dropping us production, but not to the extent they want. This also opens another problem for the middle east, to raise prices they need too decrease supply, However if they decrease supp;y and prices raise before the us production base is completely mothballed we will crank production back up to pick up the slack and drop prices. This leaves the middle east stuck with low prices and trying to make money by volume not price majorly decreasing their margins. The middle east''s wealth is not based on quantity of oil, its based iin the margin they can sell their oil for and that margin has gotten a lot slimmer.
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Old 01-01-2016, 09:05 AM
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Who actually ended up with all the stuff
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Old 01-01-2016, 09:13 AM
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Originally Posted by sean stinson
Who actually ended up with all the stuff
plus 1
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Old 01-01-2016, 09:32 AM
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A week ago the Facebook page for the turbine boat changed names. It was Qatar turbine tour. Now it's Al Adam racing or something like that. I was thinking that Hasssn bought it
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Old 01-01-2016, 10:07 AM
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While that is true, it is only part of the price decline. To simplify, the US etc ramped up production which caused a major increase in supply. So the price dropped. Oped then chose to keep prices low because us production depends on relatively high prices to be profitable, This has had the effect of dropping us production, but not to the extent they want. This also opens another problem for the middle east, to raise prices they need too decrease supply, However if they decrease supp;y and prices raise before the us production base is completely mothballed we will crank production back up to pick up the slack and drop prices. This leaves the middle east stuck with low prices and trying to make money by volume not price majorly decreasing their margins. The middle east''s wealth is not based on quantity of oil, its based iin the margin they can sell their oil for and that margin has gotten a lot slimmer.
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Old 01-01-2016, 10:30 AM
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...

Last edited by speicher lane; 01-01-2016 at 03:59 PM. Reason: double post
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Old 01-01-2016, 10:32 AM
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You should try doing business with the USA as a Canadian - we're looking at close to $0.40 on the dollar + duty and taxes...and still have to build a margin in - LOL

So what is the value of a 2 seat turbine boat with 1850's on the used boat market now a days???
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Old 01-01-2016, 10:40 AM
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I think of Qatar Racing every time I play music from a usb drive. It's also the closest I'll get to owning one of their boats
Attached Thumbnails Qatar going out of business sale-image.jpg   Qatar going out of business sale-image.jpg  
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Old 01-01-2016, 05:35 PM
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Think they sold everything a week ago
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