No Choice But to CutTime's running out for Saudi and the rest of the cartel. What other choices do they have but to cut production?
This article is still relevant today:
https://www.telegraph.co.uk/business/2016/02/11/saudi-arabia-may-go-broke-before-the-us-oil-industry-buckles/
The last sentence, Post-Trump victory, sums things up the best: "...We may yet find that the US oil industry has greater staying power than the rickety political edifice behind OPEC."
That appears to be the case. Saudi much prefers to cut the heads off of other's instead of itself.