RIAC :: Saudi Arabia,Shale

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Is Oil Low Price Going to Sustain the Economic Recovery?

... projections have been raised.” (Source WEO) Somewhat remarkable in the U.S. case, the growth is following the crisis of shale industry, which was allegedly the revolutionary approach that would should have brought energy independence and strengthened ... ... may yield better returns in the long term. Some others would instead benefit, but deliberately chose not do so, most notably Saudi Arabia. Countries belonging to this group may be employing this strategy to gain a competitive advantage over a broader ...

17.02.2015

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A Chess Match for the Control of Oil

... recoverable shale oil in North America has been greatly reduced since the beginning of large scale drilling, and currently it is thought that the extracted material will never achieve sufficient volumes to achieve any significant export. Therefore, Saudi Arabia might have considered the “shale revolution” as a threat to its market position back when it was still at its outset, but not certainly now that is clear that most of the hype has vanished surrendering to some hard facts. Convergence of Interests More prosaically, in ...

30.12.2014

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