Hmmm. Two scenarios. One guy says producers would appreciate it.
One scenario, that Bush would rather not fill it with cheap oil, or
Two, the Saudis are pressuring Bush to keep demand as low as possible.
"With demand being down now, there’s a lot more excess production capacity. I think producers would love to have a new customer,†Caruso told Reuters. “I think now is an excellent time to do it, unless you’re thinking wait a couple of months and it might be lower,†he added."
I appreciate your "take" on it, it's a fascinating thought regardless of the reality. And I'm sure there is more to this than my simplistic scenario will allow for.
Arf
