Article

2016-01-25 Economy

Saudis ‘will not destroy the US shale industry’

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Posted by Steve White 2016-01-25 00:00|| || Front Page|| [6 views ] Top

#1 Maybe, but not for the lack of trying. And they're sure wounding it.

Posted by Glenmore 2016-01-25 12:57|| 2016-01-25 12:57|| Front Page Top

#2 Not sure they can buy enough EPA regulators to ban it? Or given the 360+/- count down, stay bought?

Posted by Procopius2k 2016-01-25 14:13|| 2016-01-25 14:13|| Front Page Top

#3 Procupius: keep in mind that we're currently closing down coal plants, which will increase oil/gas consumption, and make things easier for Saudi Arabia in the long run. (Oh, and also make steel more expensive to produce, therefore making stuff like drill pipe, casing, and tubing more expensive to produce and use in the US).

Posted by Thing From Snowy Mountain 2016-01-25 14:29|| 2016-01-25 14:29|| Front Page Top

#4 So yes, the EPA is quietly creeping forward to Saudi Arabia's rescue.

Posted by Thing From Snowy Mountain 2016-01-25 14:30|| 2016-01-25 14:30|| Front Page Top

#5 I think that the EPA are ~~Stalin's~~ O's useful idiots in a sense. They think that they are environmental heroes, but they are enablers of the Saudis and the OPECers by shifting demand out of coal and some into imported oil.

Posted by Alaska Paul 2016-01-25 18:23|| 2016-01-25 18:23|| Front Page Top

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