On Thu, 29 Oct 2015 09:33:42 -0700 (PDT), Tim
wrote:

On Thu, 29 Oct 2015 10:15:48 -0400, Keyser Söze
wrote:
- show quoted text -
I think this may be a bit more strategic. The saudis are selling oil
at lower than their production cost and I doubt it is out of the
kindness in their heart.
....

Probably using the same tactic the cartels pulled in the 80s to bust their world competitors, then raise it back

===

I don't think the Saudis have control of the market anymore. Obviously
they'd like to maintain market share and see some of the competition
go away but as soon as prices start to go back up, alternative sources
like shale oil and liquified natural gas become cost effective again.