At least in the short term. So, primarily because of the interests of Saudi Arabia (remaining a viable government and state) and the U.S. (not wanting to fight with Russia or Iran), the U.S. continuing to be the biggest exporter of oil (in the short run of 1 to 2 years or more) is likely in the interests of the U.S. economy.
However, in the long run we also need to conserve our oil in the ground for future needs or wars worldwide. So, there is a balance to be met here as well. So, finding that balance likely will be the hardest part of all this. However, for now, the economy is one of the fastest growing economic engines on earth specifically because of low oil prices.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Rosamund Pike: Star of New Amazon Prime Series "Wheel of Time"
- Belize Barrier Reef coral reef system
- SNAP rulings ease shutdown pressure as Thune rebuffs Trump call to end filibuster
- Pacific Ocean from Encyclopedia Britannica
- Flame (the Giant Pacific Octopus) whose species began here on earth before they were taken to another planet by humans in our near future
- Nine dead, dozens injured in crowd surge at Hindu temple in southern India
- Learning to live with Furosemide in relation to Edema
- I put "Blue Sphere" into the search engine for my site and this is what came up.
- Reprint of: Padmasambhava's Dorje Drollo footprints in Rock
- Siege of Yorktown 1781
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment