I think this is being done to improve the Democrats election chances in November 2016.
This will cause the economy to improve and the dems will take credit, once the election is over the price will increase.
You think Europe and Asia slowed down their economy to help the Democrats in the US? Or the US private oil companies produced more oil to help the Democrats? Or both?
This is because global demand is weakening. It hurts the Russians, Venuezala, and Iran. The Saudis can get along just fine.
Riiiiight. A massive conspiracy among the Saudis, Russians, Venezuala, oil companies, and who knows else. I’ll bet Hillary’s behind it. Don’t you think?