See also OPEC and current crude oil prices, cheap US fracking was supposed to be the answer but shale companies have basically turned around now and said they can't do enough to counter what OPEC are currently doing (or not doing) so the price continues to go up. Why wouldn't you though if you knew the clock is ticking on your industry.
See also OPEC and current crude oil prices, cheap US fracking was supposed to be the answer but shale companies have basically turned around now and said they can't do enough to counter what OPEC are currently doing (or not doing) so the price continues to go up. Why wouldn't you though if you knew the clock is ticking on your industry.