Earlier quoted context omitted.
More Texas/New Mexico than North Dakota. And the US doesn't have to stand idly by while their frackers die on the vine.
Yup. Time for tariffs.
Why would the US want to turn victory into defeat?
The Saudis Have a High-Stakes Plan to Win the Global Oil War
61–62 of 62 posts
Re: The Saudis Have a High-Stakes Plan to Win the Global Oil War
#62Earlier quoted context omitted.
It was my understanding there isn't much difference between the prince and the company and the country. Is that inaccurate?
If the state owned oil companies pay a lot to the royal family, that's kind of like you owning the company and setting your own salary to whatever you want. There's a difference on paper, but not in spirit (to me anyway).
Just as an example, Prince Waleeds fortune is more or less self made. Furthermore, his company "Kingdom Holding" (IIRC) is to my knowledge not owned by the government (but it's a public company so that big investment fund - is it called the PIF? - could theoretically buy KH stock.)
Some of those real estate projects look private to me.