Maybe W can fly over and hold hands with them.
How big is the Saudi army?
But data from the state of North Dakota says the average cost per barrel in Americas top oil-producing state is only $42 to make a 10% return for rig owners.
When Keystone gets built, the price of oil inside Canada and the US goes down because the cost of transport to the refineries goes down, and the cost of the oil the refineries refine is way down from OPEC oil.
Since oil is closed system, USA, Canada, and any other additional oil worldwide will be good for price being way below the $100 Opec got last summer.
I am looking at buying an 8 cylinder Mustang, I may be wrong but low price of oil is here long term until world demand returns tight supply and higher prices.
I was happy to see in recent reports that the US Shale industry can handle oil as low as $40/barrel. Previously, it was $65-80, which had me nervous about oil prices dropping. Looks like OPEC will be getting on a lot of people’s bad sides before they really make a dent in US oil.
Total energy (oil) independence to get a coherent foreign policy
Kudos to Sarah Palin for seeing this before anyone.
Price.
Their new “bestie” gonna be China...the friendly folks with mafia business terms and 1.5 billion expendable people to enforce them.
Enjoy the next decade, towelheads....
Heh. Start your new, big, pickup truck engines! Don’t let the Joneses run over you with theirs!
Hey, People’s Liberation Army, this is the time to reward your people for working so hard and being loyal. New cars for all Chinese people! Get them away from those bicycles and rickshaws! The Yellow River runs out to the sea! Show the new China to the world! Drive!