[thackney]

You advocate letting Saudi Arabia drive domestic producers out of business via a price war just so they can control the market and set the prices high again?

I don't advocate Saudi Arabia doing anything. And nothing is what they have done.

I work in the industry, have for decades. Boom and Bust is part of it. The companies that take on too much debt will be selling assets to those that didn't.

Our domestic producers were growing production the last time prices fell this low. We are not on death's door.

The worst thing that could happen to the industry, is having the federal government try to "fix" it.

[Hostage]

> “And nothing is what they have done.”

You are pathetically ignorant or deliberately misinformed.

Saudi Arabia has declared war on US oil drilling.

[T-Bird45]

DITTO to your 4 lines of uncommon common sense, especially the second line on debt and the final line on no federal government fixes required.