Or is it consuming more energy than it produces..
From: Energy and Capital <eac-eletter@angelnexus.com>
Date: Tue, Aug 7, 2012 at 7:14 PM
Subject: The Saudis are Struggling
The Saudis are Struggling
By Nick Hodge | Tuesday, August 7th, 2012
The Saudi oil game is all smoke and mirrors.
Yes, they're producing record amounts of oil. But they're also burning more than they ever have.
At this point, the Saudis' own consumption is gravely impacting its exports.
Normally that would spell trouble for the U.S., being it's one of the Saudis' best customers.
But thanks to newly discovered reserves, we're in the best energy position we've been in in years.
What's more, one company — found by our own Keith Kohl — has the technology to unlock copious amounts of oil and gas locked beneath our soil.
He says it's going from $6.00 to $100 as America produces more oil and Saudi Arabia exports less.
Call it like you see it,
Nick Hodge
Managing Editor, Energy and Capital Energy and Capital, Copyright © 2012, Angel Publishing LLC, 1012 Morton Street, Baltimore, MD 21201. All rights reserved. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy of the statements made herein. Energy and Capital does not provide individual investment counseling, act as an investment advisor, or individually advocate the purchase or sale of any security or investment. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment counseling. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question. Unauthorized reproduction of this newsletter or its contents by Xerography, facsimile, or any other means is illegal and punishable by law. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info here, including our privacy policy and information on how to manage your subscription. |
--
Jorgeus George
www.jorgeusbiker.blogspot.com
www.jorgeusbiker-edcorner.blogspot.com
www.twitter.com/jorgeusbiker
www.facebook.com/jorgeusbiker
0 comments:
Post a Comment