For all intents and purposes, OPEC is now engaged in a price war with the United States. What that means is that it's very cheap to pump oil out of places like Saudi Arabia and Kuwait.But it's more expensive to extract oil from shale formations in places like Texas and North Dakota.or all intents and purposes, OPEC is now engaged in a price war with the United States. What that means is that it's very cheap to pump oil out of places like Saudi Arabia and Kuwait. But it's more expensive to extract oil from shale formations in places like Texas and North Dakota.
PRINCE EDWARD ISLAND. ORIGIN OF PROVINCE NAME: Prince Edward Island was originally called Abegweit (lying down flat, or cradled by the waves) by the Micmac Indians. Europeans called it the Island of Saint John in 1763; in 1799 the island was renamed Prince Edward Island, in honor of Prince Edward of England. NICKNAME: The Garden Province, The Million Acre Farm, or Spud Island.
Report Abuse. Yes, it is on the Same Island with England, and that Island is called Great Britain, Britain is a part of Europe and the European Union. Scotland United with England in 1707 and became the country of Britain, then When Northan Ireland joined the Union, it became known as the United Kingdom.he British Isles are a group of Islands off the North-West coast of mainland Europe. Great Britain is the biggest Island in this group Scotland is one of three countries that are located on this island (the others being England and Wales).