Quote Originally Posted by ABetterDetroit View Post
The kingdom controls the spigot/excess production to feed the world supply. They have recently had a serious wake up call threating their very existence and are looking to mend fences with powerful friends very quickly. Its not really hard to figure out.
Time to update yer talking points. The "Kingdom" is currently being overshadowed by US output right now. Further, instead of backing off production in order to raise the price of oil, "the Kingdom" has ramped up production. It's said that this is to affect the European market while Russia is showing it's ass in the Ukraine. Great, I love low gas prices; however, these prices reflect some big jitters in the global economy. In addition, oil needs to be around 80-85 bucks in order to make shale procurement profitable. If oil stays this low for a little bit more, the Alberta tar sands will cease production. But don't tell that to the carpet baggers in N. Dakota, now, hear?