Detailed text transcripts for TV channel - MSNBC - 20150106:01:13:00
Next six months to a year. >> i e so i want to talk about whether that's good or bad. but, before that explain to me what saudi arabia is doing differently. my sense is that they've done something fairly dramatic in how they're dealing with this round of price plum mitting. in the past, they would come in cut supply, rescue the price, push it back up. this time, they're saying no. >> and i think what they've done is a master stroke, to tell the truth. i think it's honestly just been a bold step. it will make opec important again in the far term. in the near term it makes them i recall relevant...
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