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Crude Economics
American Oil Prices Fall to New Lows
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  • Andrew Allison

    I’m sorry, but I just don’t buy the party line that the Saudis are trying to “pushing back at the US frackers”. It’s simply inconceivable that they don’t know as much as anybody about fracking cost, productivity, and ability to adjust to market conditions.

    • Jacksonian_Libertarian

      I have to agree, the Saudi action is all about the Iranians and Russians who are both supporting the Shiite Syria as well as Hezbollah, Hamas, and sending materials and troops against ISIS who the Saudi’s publicly deplore but privately support as fellow Sunni’s.

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