Share 'Russia-Saudi 'permanent' oil alliance won't scare US shale'
Oil giants Russia and Saudi Arabia's efforts to extend a deal, which is aimed at cutting supply for another 10 to 20 years to drive up prices, won’t scare off surging U.S. shale production, experts say.
But a long-term pact by the world's top two crude oil producers would effectively formalize an alliance between them, strengthening Moscow’s position in the Middle East, where the U.S. has long be…
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What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]