Peak Oil is You
Donate Bitcoins ;-) or Paypal :-)
Page added on July 14, 2015
Why Saudi Arabia Is Pumping Record Crude
Saudi Arabia told OPEC it raised oil production to a record as the organization forecast stronger demand for its members’ crude in 2016. Bloomberg’s Alix Steel reports on “Bloomberg Markets.”
9 Comments on "Why Saudi Arabia Is Pumping Record Crude"
Northwest Resident on Tue, 14th Jul 2015 12:16 pm
I can’t see or link to the video, but let me guess. Because their survival depends on it?
apneaman on Tue, 14th Jul 2015 1:02 pm
I think I saw her in a porn clip the other day.
rockman on Tue, 14th Jul 2015 1:16 pm
NR – Yep…not much new. Except she downplayed the idea of the recent uptick in KSA being done to hurt US shale producers (for the obvious reason: they’re already hurting) but going after other high cost oil exporters. And somewhat implied some such targets included OPEC members.
BC on Tue, 14th Jul 2015 1:51 pm
Alix is so cute that I almost listen to what she is saying amidst her female anchors’ characteristic teethy delivery these days. I guess they have to make it worth their parents’ or Wall St. hubbies’ shelling out tens of thousands of clams for the veneers or caps.
Vonnie Quinn is another Bloomboig cutie, but she must not yet have a Wall St. sugar daddy to pay for her veneers, or her dear A’rish mum ‘n da’ad could not afard it.
I hope the lovely lass keeps her remainin’ A’rish accent.
Speakin’ of Bloomboig personalities, do any of you gents know what the going price is for a hit on Tom Keene? I suspect there’s a bidding war among viewers by now, so it surely ain’t cheap.
BobInget on Tue, 14th Jul 2015 4:41 pm
F/16 afterburners.
100 days bombing Yemen; It’s all Iran’s fault.
Bottom line. How much oil is KSA actually exporting?
API predicts seven million barrel shortfall last week. Possible trend?
Tune in tomorrow we’ll find out.
zoidberg on Tue, 14th Jul 2015 5:10 pm
Pfft such sexism!
joe on Wed, 15th Jul 2015 3:09 am
Increae in demand? Yeah, global warming increasing demand for electricity to feul a/c in 100f+ of heat. Add in a war, so yes. Extra production not making much profit.
forbin on Wed, 15th Jul 2015 11:15 am
Why Saudi Arabia Is Pumping Record Crude ?
Techincal really
because if they dont their feilds will not so much as collapse as be “damaged” so they will not get back to the same levels of output
until of course the fields peter out
Forbin
dmg555 on Wed, 15th Jul 2015 11:23 am
Forbin,
Is there technical data available on your claim that if you reduce EOR, that the fields never bounce back?