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The cost of Middle East oil
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Plain Meaning



Joined: 18 Oct 2014

PostPosted: Thu Jul 07, 2016 6:13 pm    Post subject: Reply with quote

young_clinton wrote:
Oil prices dropped down quite nicely today. Laughing Not so good for those with investments in oil, but for those that want to see the Saudis riding camels it's great. Laughing


Are you sure you lived in Saudi?

The Saudis are actively keeping oil prices down to hurt competitors (Iran, Canada, Solar).
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GENO123



Joined: 28 Jan 2010

PostPosted: Thu Jul 07, 2016 11:33 pm    Post subject: Reply with quote

young_clinton wrote:
GENO123 wrote:
Can cars run on natural gas? And of course there r electric cars as well

It seems the us doesnt even want canadas heavy oil


That's true there are natural gas cars. The problem I think is that it's harder to transport natural gas than gasoline, otherwise perhaps it would be time to tell the Arabs and Iranians to flake off and starve. The only electric cars out are Hybrids. Full electric cars are a long ways off.



https://www.teslamotors.com/

http://www.chevrolet.com/volt-electric-car.html
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GENO123



Joined: 28 Jan 2010

PostPosted: Thu Jul 07, 2016 11:35 pm    Post subject: Reply with quote

Plain Meaning wrote:
young_clinton wrote:
Oil prices dropped down quite nicely today. Laughing Not so good for those with investments in oil, but for those that want to see the Saudis riding camels it's great. Laughing


Are you sure you lived in Saudi?

The Saudis are actively keeping oil prices down to hurt competitors (Iran, Canada, Solar).


and to stop US shale oil
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