Click here to access article by Nick Beams from World Socialist Web Site.
Unlike many other geopolitical analysts who see GCC hyper-production of oil as a means to crash Russia's economy, Beams sees the Saudi and GCC actions as a method to counter US shale producers. Could it be that the major oil companies who figure prominently in the Empire's power structure are looking to buy up the smaller companies at cheap prices? However as Beams notes, there are not only adverse consequences to many US oil companies, but banking institutions as well. It's hard to figure where this is going, but one thing is for sure: there will be even more chaos in world affairs than there is now.