Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia
Green Car Congress
APRIL 24, 2015
Is this a relatively short term event like 2008, or a longer term slump like the one in the mid 1980’s? The US shale oil industry faces an implacable foe in the current crisis: Saudi Arabia. In the end, who will win the oil price battle, Saudi Arabia or US capitalism and shale producers?
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