RE:RE:US Pulls Back Offer to Buy 6 Million Barrels of Oil for EmerThe Saudi oil war with the US has now reached a new level and I expect to see the US send yet another envoy to the kingdom. What we will not see is Saudi backdown the production cuts and May even extend and increase as we move into the fall. The US has lied to Saudi about buying back oil to keep prices low and has now lost any influence they had as Saudi moves away from the U.S. dollar.