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RE: Peak Oil – The Myth Of Scarcity
I don´t need proofs, i´m asking questions based on things that are public knowledge, before fracking the US had a big oil deficit.
The Sauds are selling their oil outside the OPEC cartel cuts and regulations since they are the proxy of the US interests in the middle east. They flooded the market following a political agenda, they don´t care about making profit on oil prices, they are all into wrecking Iran, Venezuela and Rusia economically.
The market isn´t the only thing to watch, the real economy is about commodities and manufacture, real work, not about printing money and making finance magic with fraudulent products like the ones that are holding down oil, gold and silver prices.
ok, so you're just talking out your ass with no legitimate rebuttal to what I have proposed. Not even addressing the logic behind it yet alone understanding anything of the history of the oil industry. got it thanks.