$50 Oil Is Not Enough To "Save" Saudi Arabia -- It Simply Slows The Pace Of Deterioration -- Analyst -- October 5, 2016

The first year of Prince Salman's new economic policy is not looking good -- Bloomberg/Rigzone.

Also, the July, 2016, data has just been released for:

• total US crude oil imports
• US crude oil imports from Saudi are trending down
• huge increase in US crude oil imports from Kuwait and Angola; Saudi took the huge hit
• US crude oil imports from Canada continues to trend up
• likewise, US crude oil imports from Russia are trending up
• US crude oil imports from Mexico on downward slope

It appears US crude oil imports from Saudi Arabia are simply enough to satisfy Saudi's refinery along the US gulf coast.