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Posts related to ‘Saudi Arabia,’

Saudis Won’t Lower Production If Strategic Reserves Released

US Secretary of State Hillary Clinton appears to have extracted a commitment from Saudi Arabia to continue the Kingdom’s crude oil production at its current level of around 9.9 million ...
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Media Digest 7/7/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   BP plc (NYSE: BP) shares have recovered as a relief well nears the leak. Reuters:   Saudi investors are seeking a 10% to 15% stake in BP. Reuters:   Microsoft Corporation ...
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Obama To Let Offshore Oil Wells Multiply Like Locusts

The Green movement will despise President Obama's decision to open portions of the Gulf and offshore regions from Delaware to the Carolinas to drilling. The oil industry will love it. ...
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Why OPEC Should Cut The Supply Of Crude

T. Boone Pickens is trying to pay off OPEC to cut production. That should raise oil prices and help his campaign to move US energy sources to wind and natural ...
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