Saudi doesn’t want to talk about the shale boom - Your Middle East

Saudi doesn’t want to talk about the shale boom - Your Middle East:

"A drop in demand for Saudi oil has the potential to destabilize the regime, warns Your Middle East's energy columnist Nicole Leonard.
“Please talk about anything else.” Saudi officials may not want to talk about the global shale energy boom, but the rest of the industry cannot stop chattering about the exportation of the US shale phenomenon.
The US oil and gas industry has been dramatically transformed in the last five years by technology that allows producers to drill horizontally and extract oil and gas from previously impenetrable shale formations."

'via Blog this'