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Two large scale oil investment projects, one operational the other waiting for government approval, will practically eliminate Middle East crude imports to the US. On the strategical plate of energy security, there's a big difference for America to deal with stable neighboring Canada instead of the volatile and distant Mid East countries.
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It would be apt if Saudi Arabia is referred as the oily nation. This country possesses the largest oil deposits and is the largest exporter of petrol and crude oil to the rest of the world.
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Get latest review about commodities markets. Commodinews gives you free insight into Crude Oil, Natural Gas, S&P500, Soybeans, Corn, Wheat, Sugar, Coffee, Cocoa and more! It is focused on providing weekly review of commodity markets collected from sources all around the world
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