{"id":1468,"date":"2014-11-12T07:12:55","date_gmt":"2014-11-12T12:12:55","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1468"},"modified":"2014-11-12T07:12:55","modified_gmt":"2014-11-12T12:12:55","slug":"the-major-threat-to-some-of-the-worlds-largest-oil-producers","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1468","title":{"rendered":"The Major Threat to Some of the World&#8217;s Largest Oil Producers"},"content":{"rendered":"<p><a href=\"http:\/\/www.growthstockwire.com\/3906\/the-major-threat-to-some-of-the-world-s-largest-oil-producers\">The Major Threat to Some of the World&#8217;s Largest Oil Producers<\/a>.<\/p>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\">Saudi Arabia is rattling the oil sector&#8230; and that&#8217;s bad news for some of the most popular oil stocks on the market.<\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\"><\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\">Last week, the leader of the Organization of the Petroleum Exporting Countries (OPEC) \u2013 the oil cartel that has effectively set the oil price for decades \u2013 raised the export price of crude oil to Asia&#8230; but cut the export price of crude oil to the U.S.<\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\"><\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\">The market went crazy. Oil prices slumped to multiyear lows. News outlets everywhere shouted that Saudi Arabia was taking a shot at the U.S. shale boom.<\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\"><\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\">But they&#8217;re wrong&#8230; While it&#8217;s true that U.S. shale companies will be affected by low oil prices, Saudi Arabia is actually threatening Canadian oil producers.<\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\"><\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\">Let me explain&#8230;<\/div>\n<div style=\"padding: 0px; margin: 0px; border: 0px initial initial;\">&#8230;click on the above link to read the rest of the article&#8230;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Major Threat to Some of the World&#8217;s Largest Oil Producers. Saudi Arabia is rattling the oil sector&#8230; and that&#8217;s bad news for some of the most popular oil stocks on the market. Last week, the leader of the Organization of the Petroleum Exporting Countries (OPEC) \u2013 the oil cartel that has effectively set the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[595,600,723],"class_list":["post-1468","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-oil-production","tag-opec","tag-shale-oil"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1468"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1468\/revisions"}],"predecessor-version":[{"id":1469,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1468\/revisions\/1469"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}