Seems we got the Saudi's attention.
For the first time, the Saudi Oil Minister mentioned the impact of unconventional shale oil in their future planning.
http://www.reuters.com/article/2011/11/21/us-oil-new-aramco-idUSTRE...
The Saudi's are even going to do a couple of test unconventional wells of their own.
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Permalink Reply by craig on
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Tight oil, I like the sound of that! It is a light crude which is good as well, maybe even great. We'll see.
As I read in another article at Reuters "Energy production is fueling America’s only economic boom and I don’t expect it to slow down."
Sounds like we need lots more infrastructure built in a timely fashion. Can you say even more jobs?
Hope the gov't doesn't slow our progress down too much.....yea right.
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Permalink Reply by 2s72s0k9mm8gd on
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Let's hope some of that light crude is in our neck of the woods too Craig. Gotta be a nice royalty picker upper!
It just keeps getting better all the time it seems!
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