Nevermind U.S. shale, Saudi Arabia’s oil power play targets Iran’s economy

Financial Post ^ | Updated: Dec 27 7:00 AM ET | Diane Francis

[thackney]

Saudis and Gulf States have engineered this price crash

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Disagree. They did nothing to cause this. They literally have done nothing.

Asia and Europe demand growth slowing, US and Canada supply growth is growing faster.

[gov_bean_ counter]

Thanks

[jyro]

Sure the Saudi’s are scared, the balance of power is fixing to shift the second Iran has a successful nuke test. Obama is powerless to prevent Iran from having nukes.

[1010RD]

Don’t leave China out of it or Japan for that matter. Global demand won’t come back for a while. The US is the only hope, Obiwan Kenobi.

[thackney]

China and Japan are counted in Asia.

[himno hero]

dat de twoof

America is the hub of modern man without a doubt. It’s the source of all new ideas and progress and it will continue to be. It has been for the last 200 years up until Obama came along and will continue after that aberration. All others are imitators, copiers and duplicators.

[1010RD]

And of all the countries in the world, we’re blessed to be Americans. That’s awesome.