Here is the article I found that has most of the keywords I wanted to see. But still not enough hacking on obama.
Fracking Fuels An Economic Boom In North Dakota
http://www.forbes.com/sites/travisbrown/2014/01/29/fracking-fuels-an-economic-boom-in-north-dakota/
Anonymous
Favorite Answer
Fracking and natural gas exploration on private lands.
It is the "drill baby drill" plan that Obama tried to stop.
Curtis 1911
Saudi Arabia's oil minister told fellow OPEC members they must combat the U.S. shale oil boom, arguing against cutting crude output in order to depress prices and undermine the profitability of North American producers.
Anonymous
Simply over-production. They try to maintain a margin, a buffer to keep production
where it should be without running out. When that buffer amount is too large it
acts like a surplus and oil is a "supply and demand" product, so if supply appears too
high then it is no longer "rare" but is instead plentiful. If you can create a "glut" then you can manipulate
the price by making an "artificial" SHORTAGE. The REAL money to be made is in credit
card charges. If gas doubles in price then credit card balances double and interest charges
profits and other card fees double.
mommanuke
The Saudis are not slowing production to keep the price up. I don't know how long they can get away with it, because it is hurting the other OPEC companies, but I suspect their real motive is to knock the US back down a couple of pegs after we became the #1 oil exporting country last year.
tribeca_belle
OPEC is trying to conduct a price war against US shale oil producers. . If OPEC decides to stop this war and to cut production then the price of oil will go up again.