[Dixie Yooper]

By over pricing their oil, the Arabs have finally priced themselves so high other US domestic and regional oil sources, and other sources of energy, have become economically viable

The Arabs and "BIG Oil Companies" don't set the price on their oil, it's a commodity that is bid on daily by anyone who wants it. The Arab's can somewhat control the price by limiting the amount they provide.

By the time we get around to tapping our resources, they will belong to the Arabs or China.

[Hunterite]

“Oil prices to keep rising as demand grows”

***********************

Go figure.

[familyop]

Baker Hughes-US rig count down 24, Canada up 35

Reuters
http://uk.reuters.com/article/oilRpt/idUKN0947634420071123

Excerpt:
“NEW YORK, Nov 23 (Reuters) - The number of rigs searching for oil and gas in the United States fell by 24 to 1,773 in the week ending Friday, oil services firm Baker Hughes said.”