# The Saudis Predict $400 Oil
**URL:** https://www.mineralrightsforum.com/t/the-saudis-predict-400-oil/35602
**Category:** Reeves County, TX
**Created:** [October 22, 2018, 5:33pm UTC](https://www.mineralrightsforum.com/t/the-saudis-predict-400-oil/35602 "2018-10-22T17:33:29Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Lawrence\_Rayburn](https://www.mineralrightsforum.com/u/Lawrence_Rayburn)
#### Post date: [October 22, 2018, 5:33pm UTC](https://www.mineralrightsforum.com/t/the-saudis-predict-400-oil/35602/1 "2018-10-22T17:33:29Z")
If the Saudis go to an oil embargo in response to exposure of Crown Prince Salman’s involvement in the murder of Kashoggi, we could see oil prices spike to around $400 per barrel. Then there’s a move afoot to move the price per barrel off the U.S. dollar standard. This would have a devastating effect on the world markets and the U.S. economy specifically. So, watch what President Trump does—he’s going to do the best thing for the USA and his MAGA agenda.
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### Author:  [@Lynn\_Wood1](https://www.mineralrightsforum.com/u/Lynn_Wood1)
#### Post date: [October 22, 2018, 6:10pm UTC](https://www.mineralrightsforum.com/t/the-saudis-predict-400-oil/35602/2 "2018-10-22T18:10:41Z")
The dollar is the world’s reserve currency. Our economy is in great part aided and subsidized by that circumstance. Our hegemony is enforced by our naval power and the status of the dollar. Do not think that the rest of the world would not welcome a situation in which their dollar denominated debts could suddenly be repaid with devalued dollars. There is a lot in play here, not well covered by our so-called “fourth estate” the press/TV news.
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### Author:  [@Patj](https://www.mineralrightsforum.com/u/Patj)
#### Post date: [October 23, 2018, 2:26am UTC](https://www.mineralrightsforum.com/t/the-saudis-predict-400-oil/35602/3 "2018-10-23T02:26:54Z")
Good evening Mr. Lawrence. Totally unrelated to your last post, do you happen to know why the MRT has ceased publishing Well permits issued by the RRC? Also, do you know where the average dummy might look to find same? Thanks for any help, and well wishes.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:08pm UTC](https://www.mineralrightsforum.com/t/the-saudis-predict-400-oil/35602/4 "2025-01-11T17:08:50Z")