[RC one]

It sounds like a very reasonable plan to me.

[skinkinthegrass]

i don't buy it...it's smoke & mirrors; it's to help O'Bozo in the US elections,
low gas prices is one thing, O'Bozo will eagerly cliams credit for. 8-|

[preacher]

Some people wonder about the timing of the ‘08 financial collapse. Did it happen when it did accidentally or was it intentionally triggered?

[bruinbirdman]

"with the objective of breaking the price of crude down to sixty dollars a barrel."

Oil at 70 would bankrupt Russia.

yitbos

[meatloaf]

If they are so worried about Iran, they would have already done it. My guess is they’re trading a short term lowering of the price of oil in return for some action on our part.

My guess is they want us to take action against Syria. As long as people in this country get their low priced gasoline, they’ll turn a blind eye to going after Syria.

[Daaave]

Posted by Moign Khawaja in Energy, Featured Article, Saudi Arabia on March 13, 2012 8:22 pm

US asks Saudis to raise oil output amid Obama approval ratings hit

The Obama administration is pressing Saudi Arabia to boost its oil output in order to fill a supply gap arising from economic sanctions on Iran,

US President Barack Obama’s approval rating now stands at 41%, a nine-point drop from his position just one month ago, according to a New York Times/CBS News poll released Monday. A recent Washington Post/ABC News poll put Obama’s job approval at 46%, down four points from last month.

arabiangazette.com

[ClearCase_guy]

The downward trend in prices is easy to block -- someone in the Middle East just has to start a war. Saudi Arabia knows this and on that basis I don't think they would pursue the stated strategy.

I'm jumping on the cart with people who say this is all about getting Obama re-elected. I think they want the Caliphate to come back, and they see Obama as a key enabler of that event.

[MichaelP]

More likely a plan to get Hussein reelected...

Mike