Well I always said, “What are the Arab states and others going to do if oil became cheap again or there were other sources to draw from”?
All this time with money coming in and many nations/Kingdoms/dictatorships have done nothing to develop their nations falling 100% onto the oil for revenue. You can’t eat oil last I heard.
Don’t fill up your tank tonight. WAIT till tomorrow or Tuesday.
Japan and Asia import their oil I think, they should be happy to see the price go down.