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.
Location of Prince Edward Island. Prince Edward Island is in the Gulf of St. Lawrence on the east coast of Canada. Prince Edward Island is separated from New Brunswick and Nova Scotia by the Northumberland Strait.ocation of Prince Edward Island. Prince Edward Island is in the Gulf of St. Lawrence on the east coast of Canada. Prince Edward Island is separated from New Brunswick and Nova Scotia by the Northumberland Strait.