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OPEC ponders how to co-exist with U.S. shale oil
Reuters ^ | May 28, 2017 | Ernest Scheyder

Posted on 05/30/2017 9:10:23 AM PDT by EnglishOnly

"Some of OPEC's customers are happy to see an alternative. India, the world's third-largest oil consumer, said this week it is looking to the United States for greater supply."

(Excerpt) Read more at newhampshire.com ...


TOPICS: News/Current Events
KEYWORDS: drillbabydrill; energy; oil; palinwasright

1 posted on 05/30/2017 9:10:23 AM PDT by EnglishOnly
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To: EnglishOnly

They just need to get more democrats elected. Then they can get the EPA to make the processes used to acquire shale oil illegal, and they are home free.


2 posted on 05/30/2017 9:15:04 AM PDT by Mr. Douglas (Best. Election. EVER!)
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To: EnglishOnly

They Saudis just have to buy into it, and own a chunk of it. Like the Chinese will do.


3 posted on 05/30/2017 9:21:49 AM PDT by marron
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To: All

Show of hands:

Who thinks the shale companies are operating at a profit?

Anyone?

Go look up Harold Hamm’s Continental Resources. Or Whiting Petroleum. Or EOG. Or Oasis Petroleum. Go ahead, look them up.

It’s all borrowed money printed from thin air by the Fed. It’s completely bogus, because oil is vital to survival.


4 posted on 05/30/2017 9:26:04 AM PDT by Owen
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To: marron

The Saudi’s have, at least in refineries.


5 posted on 05/30/2017 9:26:32 AM PDT by jdsteel (Give me freedom not more government.)
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To: marron

Put the 2k member royal family in Switzerland with their bank accounts. Then BOMB Mecca, Medina, and the oil fields. Settled.


6 posted on 05/30/2017 9:27:27 AM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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