Oil Prices and Updates About Merica International — R-Squared Energy TV Ep. 24

In this week’s episode of R-Squared Energy TV, I answer the following questions:

  • Is there any merit to the rumor that the Obama Administration asked Saudi Arabia to increase crude oil output in order to lower prices leading up to the November election?
  • What has caused the drop in West Texas Intermediate prices over the past few months?
  • Can you give an update about Merica’s activities? You mentioned several projects in this interview with Katie Fehrenbacher ;Can you please bring us up-to-date and generally state what progress has been made?

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Author: Robert Rapier

Robert Rapier is a seasoned chemical engineer with three decades of international experience in the energy sector. He holds undergraduate degrees in chemistry and mathematics, and a master’s in chemical engineering. Robert has worked extensively in oil refining, production, synthetic fuels, biomass energy, and alcohol production, earning several patents along the way. As Editor-in-Chief of Shale Magazine and a prolific author for Investing Daily, he shares his expertise through various newsletters and his latest book, American Energy: A History of Power, Progress, and Change. Robert's insights have been featured on 60 Minutes, The History Channel, CNBC, and PBS, among others. His articles have appeared in top publications like the Wall Street Journal, Washington Post, and The Economist. For nearly a decade, he has covered the energy sector for Forbes.