Oil macro analysis, page-280

mwilson,

The Saudis have mucked up big time in my opinion because they basically have nothing that the world wants except oil. It would have been in their best interests to discuss with the other countries when it first appeared that over supply would be a concern, to protect their greatest asset.
They chose to play hard ball and it's blown up in their faces.
They thought they could remove the competition by allowing the price to get to such a low level that others would not be able to survive. NOT clever.

It's always interesting to hear other views on this subject. I respect your opinion but don't agree with it.

Appreciate you sharing your views however. The one thing you mentioned that I do agree 100% with, is this.

""Clearly their behaviour is not in the interest of the LNG stockholder, so we have to suffer due to their policies.""