Oil Trades Near One-Week Low as U.S. Manufacturing Contracts at Bloomberg.
2012 US Oil Production Will Be Highest In 14 Years & US Oil Boom Gets Bigger (John Hanger via EIA).
Saudi Arabia may become oil importer by 2030: Citigroup at National Post. Be assured this will not occur as price and economics will evolve our world.
“In 1973, it took 15.41 thousand BTU to produce one dollar of GDP; by 1995 10.02; and today 7.31 thousand BTU per dollar of GDP.” John Hanger
Precious metal are the first and chief beneficiary of monetary mischief. Oil comes in second in my opinion. Sober Look
The shale gas plays are plentiful and ginormous. The Duvernay is just one more. Investor Place