Decrease in oil prices: Saudi-Russian union to decrease the competitiveness of US shale gas or US plan to destabilize Russia?
It is interesting to see that most analysts have reached the first conclusion (you will find at least half of the analysts in the major media outlets exposing this thesis as obvious), when it is obviously the second one.
Cui bono? In order to conclude, one must understand who is mainly impacted by lower oil prices: all the US’ traditional enemies, Russia’s currency is collapsing, Venezuela is on the verge of a major crisis, Iran is pressured more than ever, while G10 economies are net oil importers and thus can benefit from it in the short term.
And this happens, by total coincidence of course, at the same time the US intensifies its threats towards Russia regarding Ukraine (and the war to control the European gas corridor), negotiations between US and Iran regarding the nuclear program are at their most crucial state, US imposes sanctions on Venezuela and tries to make its government collapse through unrest (rating agencies were already rating Venezulean at the same level as Argentinian or Ukrainian debt even though Venezuela had shown it had enough gold reserves to repay most of its debt and it is an oil exporting country as opposed to the two other countries).
No, there has been no rebellion of the Saudis against their American master.