Quote:
Originally Posted by Iron Lung Jimmy
The UAE would like nothing better than for the US to shut dowm our production. Then eventually we would have to beg them for oil... oh, wait.
Anyway, I view his comments as strategically encouraging us to continue down this somewhat misguided path so they can regain all the power
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US is the top oil producing country by a lot. UAE is #7. Less than a third of US production. That’s pushing a really large bolder up a very steep hill. Strategic capital is better used in an area where there is likely to be some positive impact. It would be simpler for them to just say nothing. Even simpler to not accept an invitation to attend and speak at the conference. Full disclosure…my company sponsors this conference every year.
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