Saudi backfire: Crushing OPEC instead of USA
Saudi Arabia engineered OPEC’s policy to kill off U.S. shale oil production. The plan was straightforward: Keep pumping oil, maintain market share and outlast the Americans.
But the plan is also producing casualties within the cartel itself: Angola, Nigeria and a Venezuela that’s on the verge of implosion.
More On: finance.yahoo.com
Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil”
Follow us: @OilAndGasPress on Twitter |