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A comment on Crude Falls Below $30 a Barrel for the First Time in 12 Years. Parent comment

Re:Crude Falls Below $30 a Barrel for the First Time in 12 Y... by vermontdevil on Wednesday January 13, 2016 @09:17AM (#10894367)
I also suspect Saudi Arabia is trying to rattle sabers with Iran for a variety of reasons. The recent execution of the Shia cleric had to be aimed at Iran. Plus the Yemen conflict etc.
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Re:Crude Falls Below $30 a Barrel for the First Time in 12 Y... by tonyedgecombe on Wednesday January 13, 2016 @10:09AM (#10894804)
They might be about to bite their nose off to spite their face. They have a supine populace on the back of their state handouts and cushy government jobs. If that goes away as a result of falling government revenue then the country will probably become less politically stable.
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