system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why did crude oil go down in price so much?
gpt
The short answer is "on purpose". As more and more American oil companies began fracking OPEC and other traditional crude oil companies drove the price down to keep the fracking process from being profitable. It they drive them out of business they can raise the oil prices much higher with theirs being the only supply. They are taking a short term loss for a long term boom.