...6 months to 2 years. ...
That is only if you look at this as strictly a play at harming US fracking.
The Saudi’s have a much bigger board to play on, and that is globally.
Lower oil pries squeeze the lower players in OPEC, there by default, allowing Saudi Arabia to enhance their power within OPEC.
Also forcing the price of oil lower cripples two of Saudi Arabia’s enemies Iran and her ally Russia.
Saudi Arabia is playing both a economic and political hand and taking a long term out look to this move. This could go on for a while.
The House of Saud may not *have* the time for a long-term out look. There are forces converging on the "Magic Kingdom" as we speak. Another 'domino' was put into place earlier this week, with the Houthis gaining effective control of Yemen, directly to the south and within a short road march to the city of Mecca. They are allied with Iran, and there are Iranian naval assets already in place in the Red Sea, supporting the Houthis takeover of Yemen. This puts Iran and its allies *on both sides* of the kingdom simultaneously. This strategic advantage is *not* going to be wasted by Iran, believe me.
Were this not enough to be worrisome there is also ISIS to the north and west to consider. No love lost there either. No, things are about to get *real* interesting and the price of crude *will* be going up because there will be a conflict going on on the Arabian Peninsula in fairly short order. I give it before the year is out that this will happen, and given that Salman "isn't all there", so to speak, the odds on the House of Saud prevailing are not too good...
the infowarrior