Sodi Arabia Is the Only One That's Holding the Umbrella Over the Others

The real price of oil to day is decidedly lower than it was in 19 73, when the cartel was first formed. Inflation, price rises elsewhere have been greater than any rise in the dollar price of oil. If you hold the price high, and if they are allowed to sell all they want to produce, the result that will simply be that soda arabia would have to cut out its output sharply. So it's perfectly understandable, from a purely logical, rational analysis of the position of the participants, that sodi arabia has wanted... eran ira and the others have been the most aggressive. Has nothing to do with anything else.