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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. This increase in output occurs with the context of a narrow global demand opportunity.

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Tesla shutting down Berlin factory for 2 weeks due to Red Sea shipping attacks

Baua Electric

The Canal transports about an eighth of global trade and a third of global container traffic, and is particularly important for shipping between Asia and the Mediterranean. To reach the Red Sea, ships must travel through the Gulf of Aden and the Bab al-Mandeb Strait off the coast of Yemen.

Yemen 52
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Elon Musk is ‘not good for America or the world,’ according to himself

Baua Electric

The move allies the US with such luminary states as Iran, Libya and Yemen, the only three other countries in the world not to ratify the Paris Agreement. Congratulations Mr. Xi, youre welcome for the global leadership position weve granted to you. Signed, the republican party.

America 52