… Saudi is finally pumping more oil into the market.
As someone said, it's in the Saudi's interest, and the other OPEC nations, to not force other industries/nations to develop comparable alternate fuels...their riches are entirely the result of the oil trade.
--- We do not see things as they are; we see things as we are. ~ Talmud
Re: Better get long in these evil companies it's in the Saudi's interest, and the other OPEC nations, to not force other industries/nations to develop comparable alternate fuels...their riches are entirely the result of the oil trade
Alternate fuels are a long way off Joy . And the saudis are stupid but their advisors are not . The only thing they have are oil , sand and Red Sea water. The latter 2 will not sell so they must get the max monies for the only thing that they have that will sell .