This is a global commodity. The notion of one country trying to bleed one or two other countries is a bit of a stretch. The impacts are global. All producer countries are getting hammered with a drop like this, and consuming countries are benefitting. The reverberations in to multiple emerging market countries are significant and not limited to one or two specific places. I think the Saudis are more concerned long term about the shale evolution reducing their market share and relevance, and they no longer feel the need to cut their own production so that their competitors/OPEC partners don't have to. The U.S. Explosion in production has occurred amid rising prices, which is unsustainable long term and now self correcting, aided by supply disrupted procucers in aforementioned areas of Libya, Iraq, etc. coming on line.