High oil price? Just blame the consumer

Saudi Arabia’s decision to pump more oil could mean that it thinks oil prices are too high and that increased supply will cause them to fall. It could mean that it thinks prices have peaked and that it can now maximize its profits by increasing production. It could mean that King Abdullah, on sober geopolitical reflection, decided to do U.S. President George W. Bush a personal favour. Or it could mean that the Trilateral Commission (or take your pick: Masonic Order, the Rockefellers, Boy Scouts of America) conspired to make it happen.

The marvellous thing is that the reason doesn’t really matter


Who