Why doesn’t the U.S. flood Europe and Asia with cheap oil and crash that duplicitous Saudis
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The saudis produce cheap oil.
The USA produces expensive oil. It will be USA drillers that get hit first by lower oil prices.
Then pull back our military agreements. Of yes the Russians and Chinese are getting good at that too.
What do you suggest?
“The saudis produce cheap oil.”
Doesn’t matter.
What matters is that Saudis only need to make about $70/brl to fund their budget.
What REALLY matters is that they have SAVED MONEY and can carry a loss for years without borrowing.
It’s better to be rich than to be in debt.