Quote:
Originally Posted by strupgolf
5 years ago, Saudia Arabia said they want high oil prices. The US was at a highpoint of oil production because of fracking. The Saudia's said, we'll wait until the glut gets big, as in now. Now since most of our, the US production, has shut down due to to low prices, the Saudie's have, or will have exactly what they want. Then they will again have us by the balls. Just wait.
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Saudi will not be able to hold out much longer, they are about to implode.
And who said that we shut down most of our US production?