A freeper in the other thread just pointed out that this would not have happened if Tillerson were still SOS. Thoughts?
See post above yours.
“A freeper in the other thread just pointed out that this would not have happened if Tillerson were still SOS. Thoughts?”
I would say “maybe”. The Saudis are burning money, depleting their reserves at a rapid rate. From what I’ve read they need $80/barrel oil to get back on the positive side of the ledger. But, supply currently exceeds demand with plenty of reserves on the sidelines waiting to come on-line if/when prices start rising. So, I question the proposition that T-Rex could have much influence on this. Actually, I think the Saudis are in deep do-do....