re: Oil Wars: Why OPEC Will Win

The better title for the thread would have been Oil Wars: Why Saudi Arabia Will Win

And the subject matter isn't Saudi vs USA because the US is not the focus of their lashing out. Sure, the ND shale will get kicked in the face and I'm sure Saudi doesn't mind that, but it's just a bonus of their main goal.

Their main goal here is to knock the legs out from under Iran's nuclear program and the quickest and easiest way is to drive down the cost of oil and cripple Iran financially. It has always been a threat to them and they have always kind of let us handle the sanctions and monitoring. Well in the last few months our weak leadership (not going to get political here, just stating a fact) has proven that we will do nothing more than wag our finger at them (Iran).

Well, Saudi Arabia is fed up with no results and have decided to take matters into their own hands. They are going to do this until it kills their nuclear capabilities.

The Assad regime in Syria is crazier than a shithouse rat and has also been a threat to them as well... and who is their biggest backer? That's right, Russia. And what does Russia need in order to keep doing this? Oil in the $90-100 range, that's what. So in one big sweeping strike, they will be knocking out a nuclear threat in their backyard and the moneybags supporting the crazy neighbor over there that wants all of their stuff.

The stuff that happens to the US is just an unintended consequence and they know that we will survive it. That is hard to comprehend if you just got laid off or will be feeling the immediate consequences.