Our Benevolent Rulers in Saudi Arabia

What is the best possible deal we can negotiate for our national heroin? It depends on the mood of our masters in Arabia.

The NY Times writes,

“Saudi Arabia, which benefited immensely from record oil prices last year, has sent signals in the past two weeks that it is committed to keeping oil at around $50 a barrel — down $27 a barrel from the summer peak that shook consumers across the developed world.�

This is the best of times. The bad times will return, with greater and greater force. Our addiction is great, and the addiction ofothers is growing, even as the pushers and the supply are unreliable. Our transportation system is powered predominantly on oil. Hence, those with oil have the power. And like all men of power, they are cryptic, and reluctant to show their hand. We sit and wait on their will and whim.