Saudi drama means it's time to unleash US energy dominance

Oil markets were already on a knife’s edge before the controversy surrounding the Oct. 2 disappearance of Saudi journalist Jamal Khashoggi. But if the chances of oil prices spiking to $100 a barrel was high before, it may be inevitable now with Saudi Arabia making thinly veiled threats to use its unrivaled oil production capacity as a political weapon as the Khashoggi matter keeps twisting and turning.

Reports out of Turkey that Khashoggi, a U.S.-based Washington Post columnist and Saudi government critic, was murdered in the Saudi consulate in Istanbul have the potential to roil oil markets that were already on the cusp of exploding because of imminent U.S. sanctions on Iran’s oil sector and the continued meltdown in Venezuela.