I dont think the Saudis are willing to run flat out for long enough to make a real long-term difference. I dont think they can,
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We agree. But there may be some short-term (1~2 year) fallout that will slow down US investment into shale production. Slow it down, but it will still grow, just at a slower pace. That would not be all bad.
What do you think will happen to OPEC when ISIS takes control of all Iraqi oil. Noe that I said when, not if. Obama is going to let it hapen
Short of like a slow cooking pot roast, mmmm mmm mmm n yummy.