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Crude Economics
Is the Saudi Oil Strategy Working?
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  • Fat_Man

    All they need to do is get into a shooting war in the Persian Gulf, and oil prices will go right back up. Saudi Arabia, the Gulf states and Iran would lose out in that scenario, because they would not be able to export. The only winner would be the Russians as their exports would not be hampered. therefor, expect the Russians to foment the war.

    • Tate Metlen

      Yeah. I don’t understand why they have been so restrained. If i were them, i would be quietly dumping mines in the gulf by the thousands.

      • Fat_Man

        Timing is everything. They may want to button down Syria first.

  • Andrew Allison

    This is a recording: there is absolutely NO evidence that shale was or is the Saudi target. Their actions have been entirely consistent with the stated policy of maintaining OPEC market share. They have acknowledged that the US is, to all intents and purposes, no longer dependent upon imported oil .If the world price of oil increases, US production will too.

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