Matt Damon and the Arab oil industry team up to stop fracking

It seems like Matt Damon's new anti-fracking film, "Promised Land" has some secret financers behind it.  These financers would love nothing more than to stop fracking in its tracks.  Why, you ask?  Well because these financers are actually part of Abu Dhabi, an Arab oil emirate.   Supporting the anti-fracking movie is just their way of silencing the competition - American oil and gas producers. Not only does Image Nation Abu Dhabi finance the "Promise Land," but the Abu Dhabi government owns the media company that subsidizes Image Nation. The film's Abu Dhabi connection is significant, because the UAE is the world's third largest oil exporter, according to 2011 figures from the U.S. Energy Information Agency.  The country also holds the 7th largest proven reserves of crude oil and natural gas in the world.  The UAE was ranked 17th in the world in natural gas production in 2010, according to EIA. (Courtesy of CNS news) The fact that the UAE is one...(Read Full Post)

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