Saudi Arabia has finally found a deal that makes sense. After forays into companies such as Uber, state-controlled oil giant Saudi Aramco has lined up a deal to buy liquefied natural gas from U.S. utility Sempra Energy.
It gives the kingdom access to a business it knows and a commodity that has recently attracted its focus. But the investment also underscores the challenges it faces as petroleum’s supremacy recedes.
It's the Freedom Molecules.
A cursory review of the chilling documentary 'Gas Land' tends to prove that Natural Gas extraction in the United States on a large scale is simply UNTENABLE. Flammable water in the kitchen faucet? Pets dying from toxic pollution? Due Process violations for property owners? Ugh.
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