axe wrote:it was all about market share...not more money in the short- med term
correct.. the saudis are playing for market share which means as a dominant market share holder, they will make more money per day pumping at high speed which increases gdp. rather than allow their competitors to get a larger piece of pie with less competitive pricing.
would not be surprised to see them offer longterm deals like those i have suggested. like sell some country a 50 yr supply of oil at below current market rates to steal business from competitors and choke all including usa.
if their warchest fund is shrinking, then theyre probably using it to fund isis.
