I’ve seen plenty post of FR that the Saudi’s are going to but the “frackers” out of business.
Even worse, some claim they want the US government to pass additional taxes to protect them.
I’ve long suspected that OPEC money is flowing into the “green” movement. I’ve no doubt that they are bankrolling the domestic anti-fracking movement, whether directly or through “advocacy” front groups.
Remember when Obama’s campaign was accepting credit-card transfers without filtering out off-shore sources?
Canada was barely breaking even at $15 a barrel in the late 90s and everyone was mocking them, no investor would touch them and the Marxist rag The Economist was predicting $10 a barrel in the future...