Brazil

[dan_s]

For the last five years, only three countries outside of OPEC have increased oil production: The U.S., Canada and Brazil

Out side of these three countries and OPEC the rest of the world's oil production (including Russia) declined by 600,000 barrels per day. Despite $100/bbl oil for that period.

Now you can scratch Brazil off the list:
http://www.oilandgas360.com/petrobras-c ... 7-26401157

Today's oil price is unstainable. Only three OPEC countries can survive at $60 oil and non-OPEC production will be on steady decline by year-end.

[bearcatbob]

Dan, You need to get a gig on CNBC. There was a real downer guy on there this morning. I am waiting to see if they post a video of his comments.

[dan_s]

I already have enough "gigs" that don't pay me anything.