What Can the Saudis Do to Bring Down Oil Prices? [View article]
The king has some NEW oil finds. But remember that he also knows that his old wells have lost the ability to produce as much oil as in the past. Oil doesn't increase in production it decreases. We are lead to believe the kings oil will never run out . I believe this is another WMD fiasco. The USA and Canada have huge amounts of untapped oil, in fact Montana, N&S Dakota are drilling hot spots in the Bakken formation which are producing extremely well. Some of the companys BEXP, NOG, KOG, CLR and many more you can look up. We need alternative energy devices. I like CPST which has products in use in the real world.
What Can the Saudis Do to Bring Down Oil Prices? [View article]