Another example of how fracking has changed everything

[image error]Saudi Arabia will now buy natural gas from the United States. When I was in the Kingdom in 2011, the Saudis were talking about developing more of their own natural gas resources. The problem the country faces remains the same: its domestic oil consumption continues to rise, and the more oil it uses at home, the less it has to sell abroad. So the deal to buy U.S. gas makes sense, but eight years ago, the Saudis would never have believed that one day they’d be buying natural gas from us.

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Published on May 22, 2019 08:39
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