Tag: shale

Written by lookingbeyondborders

The Cartel That Failed

Saudis, Russia, shale. That is all ye need to know in order to understand the oil market. The Saudis lead the OPEC oil cartel, Russia is their largest potential fellow traveler, and the Permian Basin in the Southwest is the oil-rich shale that stands between the other two and $100 per barrel oil. Read Here […]

Rate this:

Written by lookingbeyondborders

The Death Of OPEC

The Organization of the Petroleum Exporting Countries is dead. Saudi Arabia killed it. Now, OPEC is just a toothless zombie, attracting attention, but without having any impact on the living. Read Here – Project Syndicate

Rate this: