Saudi billionaire prince concerned about Americn oil production.....

Saudi Prince Alwaleed bin Talal

Apparently this prince of Saudi Arabia has a much higher opinion of our nation's ability to produce oil from the humongous shale finds, than most Americans do....

"Prince Alwaleed bin Talal, the billionaire Saudi Arabian investor, has warned that his country’s oil-dependent economy is increasingly vulnerable to competition from the US shale revolution, setting him at odds with his country’s oil ministry and OPEC officials."

This is how the story was reported in the Financial Times. 

Please don't misunderstand me, I have no doubts our American ingenuity and ability to take advantage of this newly found God given resource...  but I have serious doubts whether the Nation haters inside the Beltway with all their gob'mint lawyers, or the tree huggers across the land with their phalanx of tort attorneys will ever let us. 

All I can do is quote that Long Island expression: 'From his lips to God's ears!'

Here is another article worth a read on this topic in Townhall.com