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S-WALL
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Saudi Oil Strategy: Brilliant Or Suicide? - Oilprice.com - oilprice.com

Rather than the Saudis being the driving force behind driving oil prices down, I suspect that it is the Americans who are responsible, with the goal being regime change in Saudi. It is the Americans, after all, who have been drilling gang busters over the last few years despite the environmental degradation caused by fracking. Americans have a lot less to lose than the Saudis by driving the price down and more to gain. This article http://www.thedailybell.com/news-analysis/36735/Saudi-Arabia-The-Meme-Expands/ is also persuasive.

Commented 3018 days ago

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Beginning of the headline :In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market's swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. In October, Saudi sources first prepared the market with statements that the country would be comfortable with oil prices as low as $80 per barrel for "a year or two." At the November OPEC meeting, the Saudi oil minister, Ali Al-Naimi, publicly announced... Read More

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