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No More Gas ?

Maybe you could give us the short version of what this is. I read the article and wasted enough time watching the video I finally shut it off when I realized it was going to take way more time than I wanted to spend to hear what I'm sure could have been said in one sentence. So many words to say absolutely nothing makes me very suspicious.
 
Obadiah said:
Maybe you could give us the short version of what this is. I read the article and wasted enough time watching the video I finally shut it off when I realized it was going to take way more time than I wanted to spend to hear what I'm sure could have been said in one sentence. So many words to say absolutely nothing makes me very suspicious.
Click to expand...
Sales,sand and power.I'm not buying it
 
First off Saudis provide diesel and motor oil and rubber products. Their oil doesn't make gas. (Refining decreases end product volume)

We buy some usually as a favor but Europe consumes most of their oil...as expensive diesel and heating oil.

Mexico and most of South America pumps mostly gasoline. Texas and Alaska has motor oil and heating oil. Canada has plastics. All has use and a market.

IOW crude oil is not the same... It depends upon where it came from.

Saudis have opened the valve to stem the flow from the permean basin (Texas) and more investments into the Fracking process which provides the oil.

Then, if you remember Bush kept talking about "clean coal technology" which was code speak of turning yellow coal (worthless, but we have lots and can make more) into diesel fuel... We can still do it for around $70-90 per barrel.

So to keep their dominance in the energy markets they are planning on keeping the price down for some time to come...till our own EPA keeps us from using these technologies.
 
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