Billy Bob, such a damn appropriate avatar. You betcha, an October surprise. Completely political move by the Saudi's, but short sighted and quite stupid in the long run. I mean damn skippy they want Republicans in charge. When they are, why they can go into another country and cut up journalists with hacksaws and face zero consequences. Or bomb the hell out of the neighbor and reup the bombs from us. Look, the Taliban are scum, but the Saudi's, they are far worse.
But hey, let me tell you what this production cut is really all about. The Biden administration has been encouraging a price cap on Russian oil. The EU is already on board, but India and China are wavering. This little production cut stunt should be the shock that pushes them over the edge. And if that price cap is implemented OPEC+ suddenly becomes irrelevant.
I mean come on, this makes sense. Russia is a motivated seller. If Billy Bob has to raise some quick case to keep from going to jail for non-support and is selling his AR-15, It don't make a damn if Cleatus is caterwalling about confiscation and asking for a premium for his. You are going to buy it from Billy Bob. And Cleatus ain't going to make jackshit.