However, the Saudis will soon raise the price of fuel to exorbitant levels They don't have that much control. The US would increase fracking / shale ops and b

However, the Saudis will soon raise the price of fuel to exorbitant levels They don't have that much control. The US would increase fracking / shale ops and bring the cost of oil back down. We have incredibly massive oil reserves here in the US that any sort of Saudi nonsense will have limited effect. Saudis have gotten themselves into a world of pain over the past few years attempting to play their stupid games with oil prices, so much so that they are about to take Saudi Aramco public to get a desperately-needed cash infusion. Our fracking/shale ops are also hurting though in this race to the bottom. http://www.telegraph.co.uk/business/2016/07/31/texas-shale-oil-has-fought-saudi-arabia-to-a-standstill/ http://www.telegraph.co.uk/business/2016/07/31/texas-shale-o...