Here and There with David Marash KSFR Public Radio Santa Fe April 20, 2015 with Dr. Daniel Fine Today on HERE AND THERE: It's clear now, it's not just an oil price drop, but an oil price war, being waged by Saudi Arabia. Among the targets: the new generation of NM shale oil drillers that have made the United States at least temporarily energy-sufficient. Economist Daniel Fine of the New Mexico Center for Energy Policy has a petroleum battlefield report. https://lnkd.in/bbRgEMc website Direct download: HereAndThere_04202015_Daniel_Fine.mp3
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Excellent discussion! I think everyone interested whatsoever in the North American oil industry should listen to this. Without us entering the world market by exporting our oil, we will be continued to be held captive by the Saudis . But f we do export, with the world oil reserves already glutted, the price could really drop. I say; call their bluff, export, and just see where the price of oil lands, and deal with it.
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