I'm not sure Saudi Arabia is willing to sit on theses low prices for decades.
Reg pressure on oil could hurt them too...
Generally speaking the oil available now will be in the future if prices rise again. The technology to access oil has made it easier to get to, not harder.
Reg pressure on oil could hurt them too...
Generally speaking the oil available now will be in the future if prices rise again. The technology to access oil has made it easier to get to, not harder.