No, the Saudis Aren't Targeting U.S. Shale

No, the Saudis Aren't Targeting U.S. Shale

In a country that never tires of hearing itself described as “a nation of innovators,” the idea that one such innovation — the shale oil boom — has galvanized the world’s most powerful cartel, OPEC, to launch a campaign to snuff it out has obvious appeal. But like most Hollywood notions of reality, however, this one is too good to be true.

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