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.
Tasmania is an island and is the southernmost state of Australia. It was originally named Van Diemen's Land, and was claimed as part of New South Wales when Captain Arthur Phillip raised the British flag upon arrival of the First Fleet in Port Jackson on 26 January 1788.t is one of Australia's states, and is not shared with any other country. The first Europeans to find Tasmania were Dutch, hence â¦ why Australia was called, New Holland. The Dutch have nothing to do with Tasmania any more. After them the British settled Australia.