Posted on 01/29/2015 9:09:37 AM PST by george76
Yeah, they tried. I dont understand it either. They should have hired the Wal Mart canada guy who understood logistics and suppliers up north.
Wow. Very informative. Thank you!
I made a typo on a date in the above post. It was January 2014 not 2015 when I first heard Saudi Prince Alwaleed go nuts about the surging US Oil Production:
“Saudi Arabia’s Prince Alwaleed Bin Talal, a billionaire businessman and nephew of Saudi King Abdullah, said the production of shale oil and natural gas in the United States and other countries, primarily done through fracking, is a real competitive threat to “any oil-producing country in the world,” adding that Saudi Arabia must address the issue because it is a “matter of survival.””
With domestic oil production increasing month over month and the Saudi Prince getting really nervous it wasn’t difficult at all to see what was coming.
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