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Sheik Versus Shale - Politics - Nairaland

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Sheik Versus Shale by ideykwum: 10:31am On Apr 26, 2015
Brent is $65.28 (+0.43 or +0.66)! If the prediction on shale happens costs will go up to $200/bbl!!!

Gentlemen and Ladies, where do we go from here? When can we stop being a mono-economy? The challenge isn't getting high prices for crude, but the sharp drops when enterprise environmental factors change, and the attendant oil price shock!!!

Will the Saudis or Americans stop playing ping-pong with the global economy? My take is that America's foreign policy is basically: Get a grip on oil where and whenever you can! Whats your take on this?

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