Saudi Arabia may soon lose its crown as the world’s top oil exporter, with U.S. crude discounts providing a tremendous opportunity for traders and purchasers
— Read on oilprice.com/Energy/Energy-General/Citi-US-To-Become-Worlds-Top-Oil-Exporter.html
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In West Texas, rising oil prices are fueling a sharp economic upswing, lifting employment and pay to records, driving up spending at hotels, restaurants, and car dealerships, and raising the cost of housing and other essentials.
— Read on www.reuters.com/article/us-usa-oil-record-economy-analysis/boom-time-comes-early-to-west-texas-oil-patch-idUSKBN1I22TF
A massive new oil field could vastly improve the debt-ridden kingdom’s financial outlook. But turning prospective resources into real revenue doesn’t happen overnight.
— Read on worldview.stratfor.com/article/bahrain-oil-gas-field-new-discovery-khaleej
John Barleycorn 
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