The Saudis learned in the oil crisis of the 70s that it is in their long term interest to provide oil at reasonable rates, which in their view is the highest rate at which the world will not begin developing alternatives to Saudi oil. This has now been crossed, and it is out of their hands to control the prices now.
“and it is out of their hands to control the prices now.”
I’m afraid it’s not - at least not yet. Have you been listening to all the spoiled brats in our legislative branch fighting and agreeing on nothing? once again, nancy pelosi’s and harry reid’s tribes.