Not too many farmers account for over 10% of the world's crude supplies..

No doubt KSA is letting er fall.. but I believe they are after geopolitical reasons.. in the 1980's they idled 75% of their production.. so we know they can do it.. they have the world's 3rd largest reserves.. to live off of.. Too bad about em liquidating US assets in the process (Wall Street.. US Treasuries..etc..) but.. so it goes.

As Rapier noted they could double revenues if they wanted to impose their will.. not there yet.. but at some point that card gets played..  trap isn't quite ready yet I guess..??