Tag: barrel of oil

Why We’re Headed Toward Oil Independence

Why We’re Headed Toward Oil Independence

Almost two years ago, the Saudis acknowledged they had a problem. The price of oil was too low. The oil-rich country had fought a surge in supply from American frackers by opening the taps, and the move pushed oil prices to their lowest level in decades. Even though the Saudis and other OPEC members still […]

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