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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

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Israel carves playground as automobile era powerhouse

Baua Electric

Even if it has made ease with some, it nonetheless faces blackmails from Gaza, Lebanon, Syria and Iran. Barel recollects his third-grade daughter coming house from college with a bunch project to develop a shopper product. “You have an environment in Tel Aviv where you can see 10 VCs in one day,” Gertel stated.