SOURCE: Industrial Info Resources

Industrial Info Resources

May 19, 2015 06:10 ET

Consultant: U.S. Oil & Gas Producers 'Collateral Damage' in Saudi Geopolitical Gambit, an Industrial Info News Alert

DENVER, CO--(Marketwired - May 19, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Saudi Arabia is using oil as a weapon, but its real targets are Iran and Russia, not the U.S., John Harpole, president of Mercator Energy (Littleton, Colorado), told attendees at the Second Annual Colorado Energy Expo last week in Denver. In his view, U.S. Oil Producers are collateral damage in the Saudi's effort to bankrupt geopolitical foes. "Saudi Arabia has an army, but its best weapon is oil," he said May 13.

Within this article: Details on how Saudi and U.S. policies are affecting the U.S. Oil & Gas Industry.

Companies featured: ICF International (NASDAQ:ICFI)

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