Have the Saudis reached their limit?

The Saudis have been keeping crude prices low by maintaining production.  First sign that they may be reaching a limit is that they are going to sell bonds to raise money.  Some $27 billion.

http://www.ft.com/cms/s/0/e9e197fe-3b5d-11e5-8613-07d16aad2152.html

Will this have an affect on crude prices? Will it affect local drilling activity?

Say 'tooned.

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Permalink Reply by Joseph-Ohio on August 8, 2015 at 1:49pm
Thinking it wouldn't be such a hot idea for domestic (U.S.A.) investors to buy into them as it would seem to me to be 'anti' / counter our own (U.S.A.) domestic o & g development.

All it does is help non-allied (to the U.S.A.) S. A.

Where is the sense in that tact ?
Permalink Reply by Dexter Green on August 8, 2015 at 6:29pm

"Have the Saudis reached their limit?"

No.  Next question.

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