Oil Saudi Arabia

Oil Rises On Saudi King's Death

CP | Jonathan Fahey And Youkyung Lee, The Associated Press | Posted 03.24.2015 | Canada Business

NEW YORK, N.Y. - Oil prices rose initially on news of the death of Saudi Arabia's powerful King Abdullah, but the increase was moderate and short-live...

There's More Oil in Detroit than Saudi Arabia

Tyler Elm | Posted 12.08.2012 | Canada Business
Tyler Elm

The billions of dollars that the US sends to Middle Eastern countries to import is a choice. This has led Amory Lovins to state that there's more oil in Detroit than in Saudi Arabia. There's actually no oil in Detroit, but the reluctance of auto executives to pursue higher fuel efficiency standards, imposes billions of dollars of cost on North American companies and car owners.