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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Beneficiary Arab countries.. America is nearing the end of its "golden age" of shale oil

    Rocky
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    Beneficiary Arab countries.. America is nearing the end of its "golden age" of shale oil Empty Beneficiary Arab countries.. America is nearing the end of its "golden age" of shale oil

    Post by Rocky Tue 17 Jan 2023, 4:32 am

    [size=35][size=35]Beneficiary Arab countries.. America is nearing the end of its "golden age" of shale oil[/size]
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    Economie

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    2023-01-17 | 02:54
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    Alsumaria News - Economy

    The "Financial Times" newspaper reported that the "shale oil revolution" in the United States is coming to an end, and this may cause increased instability in the global oil market.


    The newspaper believes that this will result in a redistribution of influence in favor of other oil-producing countries.

    The newspaper noted that the "golden age of shale oil" is coming to an end in the[url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9 %D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9/ar/]United States[/url], which may lead to unpredictable consequences.






    She stated that among the main reasons for the end of the American "shale oil revolution" were the lack of labor resources in the industry, the short life cycle of shale wells, as well as the gaps in supply chains caused by the epidemic.

    According to her, these factors lead to an increase in operational and other costs, which reduces the attractiveness of investment in these fields and leads to "investors leaving" these projects.

    The newspaper noted that the world may enter a period of greater fluctuations in the energy market after the end of the "strong growth" phase of US oil production, because the global demand for oil has not decreased significantly, despite the efforts of world governments in the field of transition to alternative energy sources and reducing dependence on oil. carbon energy sources.
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    In the opinion of the newspaper, this matter will put the importing countries of fossil fuels in the most losing position, because a new round of rising oil prices is possible.

    At the same time, the weakening of the US market position will strengthen the "old oil order" - the countries participating in OPEC +, especially[url=https://www.alsumaria.tv/Entity/47950/%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9 %D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9/ar/]Saudi Arabia[/url]and the United Arab Emirates.

    In the opinion of the newspaper, the West's relations with the two aforementioned countries are characterized by "volatility and volatility."

    The newspaper concluded that OPEC countries may refuse at some point "for political reasons" to increase oil production, which will exacerbate the energy crisis and lead to the introduction of rationing in the consumption of this type of fuel in Western countries.

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