By October, it was becoming clear to us and others that Saudi Arabia and its Gulf Emirate allies could not afford to continue petro-pricing business as usual with sectarian wars exploding out of control, threatening the entire region.
In particular, they were infuriated that the Shia regime in Syria was being propped up by Iran and Russia. Moreover, Iran seemed to be getting closer to becoming a nuclear power with each month. Amid the chaos, the Islamic State terrorists had suddenly become a formidable challenge to the entire region, and they were getting increasing revenues from oil properties they had seized.
Thank goodness someone in the media has finally figured out what is really going on with OPEC. The Saudis don’t want Iran to get the boob or the radicals in the region to be funed; and they don’t want to rely on Israel to protect them, since we won’t.
That should say bomb.