Sunday, December 7, 2008

60 Minutes: Saudi Arabia Bullish on Oil

Posted by TraderMark at 8:12 PM TweetThis
Interesting pieces on oil via Saudia Arabia; some amazing technology behind the scenes.

Two 12 minute segments





The good news is that the price of oil is falling - a lot; it's also the bad news if you're determined that the U.S. should kick its addiction to foreign oil. President-elect Barack Obama says now is the time to do that, even with the economy in recession.

But Saudi Arabia, the world's largest oil supplier - with the U.S. as its number one customer - is pulling all the levers and spending billions to keep the oil age going.

Posted by TraderMark at 8:12 PM

| Edit This Post | Create A New Post

Subscribe to: Post Comments (Atom)

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.


Site by codeeo
Original WP Premium theme by WP Remix