[Evans, Marv]

I agree the Saudi action right now is to keep oil shale production down. I don't think it's going to work out as a long term strategy, and you'd think they would know that. For a long time I've had a wish/suspicion/hope/etc. that we are buying up oil from around the world and saving our reserves so we would have maybe a plentiful supply when reserves start nose diving in the future. However I know our politicians and government are incapable of such long term strategic planning. I think in the far future, oil will be more valuable as a source of chemicals and products yet to be developed than for burning as fuel (though it's far from an expert opinion). When it's mostly gone, so will the economies of Russia and other oil producers around the world and yes there will be major disruptions.