Shale Ready to Tango with the Saudis
"Back when prices first started to tumble, analysts believed the breakeven price for most shale projects—that is, the oil price companies would need to still turn a profit with their operations—was somewhere near $75 per barrel. Pioneer is now claiming it is operating wells that could still turn a profit with prices under $3 per barrel, putting those projects on par with the bigger conventional fields of Saudi Arabia."
This took two years. What will this look like in five? And how soon before American producers are expanding the Shale Oil Revolution to the wide world?
Tick tock House of Saud, tick tock.
In the Immortal Words of Daniel Pipes…
Read the whole thing, but also click through to the underlying article, it has a bit more to offer.
Pipes and I are approximately on the same page. I think the war of reformation will happen between the Shia primarily Iran, and the Sunni, primarily the House of Saud. I think the former are more likely to success, but that is yet open for debate. Regardless, both need to be reformed in heat of the reformational forge. Until they are there is danger of a serious conflict involving not just the Islamic nations, but the West and others as well.
Welsh schoolgirl was 'kept prisoner in a cage, starved and abused because of her un-Islamic lifestyle'
She was a caged prisoner, and the House of Saud is paying to keep her in this condition?!
More after the break.
Beyond 28 Pages: The US - Saudi Relationship Starts To Fray
. . . we need to grow up, and act like they are an enemy.
A bunch of ugly warning signs are bubbling up in Saudi Arabia
The plunge will be epic!
Young Saudis on the spot as prince plans to expand private sector - FT.com
Saudis don't work.
Deadliest attack in a year kills 115 in central Baghdad
It is time for the world, but especially for the Middle East to decide how much longer it will tolerate the Wahhabi/Salafi.
The root of this is one group, with one center, and headed by one family, the House of Saud, and one religion Wahhabism. How long will you tolerate this nonsense? Once this dam bursts, there will be blood.
The only way to stop this is to cut the tap root, the House of Saud, the Wahhabi.
Abbas Goes Off Deep End, And Even the NYT Can’t Overlook It
Hate always will out, it is too powerful to contain.