End of U.S.-Saudi cash cow?

[Benton]

(01-06-2016, 05:13 PM)BengalHawk62 Wrote: My head hurts. 

I will not thank Richard Nixon for anything.  I personally blame Obama for the low oil prices today.  Damn him and his tear jerking anti-gun rhetoric! Come and try taking my guns away from my cold dead hands, I dare ya!

I'll give Zona's post a read when I get off in a bit. But as far as oil prices, a lot of the current (i.e., this last few years) drop is a mix of more domestic production, the Saudis pumping the market to hurt Iran and Russia trying to up its game. For our part, fracking has a lot to do with it.