03-03-2016, 10:19 AM
LOL. Canadians.
Well, looks like Saudi Arabia is desperately trying to win China over no matter the cost, and trying to shut down US oil exports and drilling ventures. Saudi thinks that it is doing real damage to the US now, but it's actually a 2-way street. Is the damage going to be bigger to SA as Iran continues to open up more exports, content to sell at whatever low prices? SA, used to high prices, would have to severely compensate with such dwindling source of finances.
It's already happening now.. SA simply thinks it can seriously fuck around with the US's oil boom.
Well, looks like Saudi Arabia is desperately trying to win China over no matter the cost, and trying to shut down US oil exports and drilling ventures. Saudi thinks that it is doing real damage to the US now, but it's actually a 2-way street. Is the damage going to be bigger to SA as Iran continues to open up more exports, content to sell at whatever low prices? SA, used to high prices, would have to severely compensate with such dwindling source of finances.
It's already happening now.. SA simply thinks it can seriously fuck around with the US's oil boom.