Fracking revolution makes U.S. top oil producer, precipitates Saudi crisis

Fracking revolution makes U.S. top oil producer, precipitates Saudi crisis

Special to WorldTribune.com Saudi Arabia’s risky gamble to break the U.S. shale oil (fracking) industry has not only failed, but sent the Saudis and OPEC into a downward spiral that will “be in existential crisis by the end of the decade,” a UK analyst said. “If the oil futures market is correct, Saudi Arabia will […]