America Definite to the End
Oil price are seeing the
lowest prices in years. The reason behind this not that OPEC is slashing
prices. It’s the US energy boom. Fracking is leading the way for America’s
comeback as an energy producer. Since the1970’s OPEC has played a huge role in
how oil prices.
America is coming back
as a country that doesn’t need to rely on foreign oil. This has led to lower
oil prices. The real issue is why isn’t OPEC trying to increase their profit?
Some ideas are that OPEC is trying to push the Frackers out of business. Fracking
as lead America to become energy independent once again. Fracking is also every
expensive, Compared to drilling that is done in the Middle East. By lowering
the prices OPEC hopes to push out Frackers completely. OPEC sees America as the biggest threat to OPEC control over the energy market.
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