If anything its the opposite. Obama has done what he could to help the Saudis keep prices from falling any further. Between a sick economy and Bakken, prices declined anyway.
> If anything its the opposite. Obama has done what he could to help the Saudis keep prices from falling any further. Between a sick economy and Bakken, prices declined anyway.
The Saudis and Obama agreed on the oil crash plan to both hurt Russia and to destroy shale oil production. It was in their common interests. Both objects failed the Saudis couldn’t take the bleeding for more than a couple of years. Might have worked if they could kept it up for 5-10 years.