twa Posted September 18, 2014 Author Share Posted September 18, 2014 The US shale oil boom is saving the world almost $5 billion a day http://qz.com/265580/the-us-shale-oil-boom-is-saving-the-world-almost-5-billion-a-day/ Oil prices continue to plunge today despite the beheading of another western hostage by the Islamic State, tensions between Russia and the West, and mayhem in Libya. As Quartz has reported, one of the main reasons is surging US oil production, which has made up for supply disruption almost barrel for barrel—and is also a bad sign for the leaders of petrostates. Yes, Virginia (and California), there really is a Santa Claus – with a skidoo instead of a sled – and he has packed up and moved to Texas. http://lonestarsuccess.com/left-coast-blues/ Link to comment Share on other sites More sharing options...
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