The reason the Saudis are suddenly releasing more oil into the market?

They really could care less about the Russians, and the Saudis are usually more our politicians' puppet masters than the other way around. So I find it hard to believe they are driving the price down to hurt Putin.

The other theory is that they are attempting to get another democrat in the Whitehouse, which is even more ludicrous. The Saudis wanted another invasion of Iraq and they got it. They almost got what the wanted even more: an invasion of Iran, but then Obama got elected. And if a dem gets elected again, it will probably be Hillary Clinton, who is even less friendly with the Saudi royal family than Obama.

So the one big change that has occurred recently is the Open Fuel Standard movement and now Pump: The Movie. That's really it. Other than possible cyclical profit-taking versus the troughs on the other end (we would obviously be in the latter), I think it's more than just a coincidence that the movie and sudden drops in oil prices have occurred during the same period.

The Saudi government already realized that the writing is on the wall and the end of their constant high revenue stream from oil is near, which is why they are sending as many youth of theirs to school as they can to eventually diversify their economy. I know this first hand. But maybe they are worried that Pump and the flex demand-side mandate movements gaining momentum are going to prematurely make this happen for them.

Thoughts?