Robert Kaufmann

A pump jack is seen at sunrise near Bakersfield, California.

How Saudi Arabia can stop America from producing more fuel

January 21, 2015Economics

The myth of energy independence, despite US assertions. “If I was Saudi Arabia, and I didn’t want to lose marketshare to these producers in Texas, I would send them a signal that any time I want to … I can basically ruin the economics of your industry,” says one energy expert.

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