Here is a good friend.

Here is an interesting take on Saudi Arabia vis a vis the US:

http://www.ft.com/intl/cms/s/2/e2fd08c6-554c-11e4-b750-00144feab7de.html#axzz3GKr8lvwM

By allowing the price of oil to drop, it is hurting US shale oil companies, especially when they are just starting off.

Of course this is the logical thing to do if you are a Saudi. If you do nothing, more and more and more and more and more US shale oil producers will come online to out produce Saudi oil. And this will severely OUCH the wanton licentious life style of the House of Saud.

As one who has had to pay those gasoline prices when oil rose to $200.00 per barrel, I am truly grateful that I do not have to underpin the life style of the House of Saud as much as I had to.