Oil Boom Gives U.S. New Edge In Energy And Diplomacy

The emerging order in the energy realm is a stable balance of power. Saudi Arabia, which essentially runs OPEC, has put a floor under the oil price — probably around $50 a barrel — with its limits on output and exports over the last four years. But now the United States, by the sheer force of its production, the supremacy of its technology, and an unmatched pipeline, refinery and storage structure, has put a ceiling to the price.

Source : http://www.santafenewmexican.com/news/oil-boom-gives-the-u-s-a-new-edge-in/article_5e9cf850-ea4a-5004-98ea-887772cc3924.html

Terima Kasih for visit my website
Oil boom gives the U.S. a new edge in energy and diplomacy
Why The Next Oil Boom Will Be Fueled By Blockchain
Oil and Energy Security: Another Fallen “Market Failure”
How the U.S. Energy Boom is Changing America's Place in the World
Nine Energy Service, Inc. (NINE) CEO Ann Fox on Q2 2018 Results - Earnings Call Transcript
2015: The year when the oil crisis ends?
After Deepwater Horizon, a new BP emerges
Trump Could Fuel A Nuclear Energy Boom In 2017
Who will spur the next energy revolution? Not private industry
Why The Next Oil Boom Will Be Fueled By Blockchain