The oil pendulum is swinging in the home stretch of 2014. Oil has spent years at roughly $100 a barrel, down significantly from the terrifying levels of the 2007 and 2008 when analysts were speaking of $200 a barrel with confidence. Oil production is up all across the world in places like North America, and in oil rich and oil dependent Russia. Prices are falling and stable, and analysts are confidently saying that prices could dip to as low as $60 or $50 a barrel. The Organization of Petroleum Exporting Countries (OPEC) and the Saudis could stop this slide and halt temporary contentment at the gas pumps. But last week they said they would keep pumping. Are they trying to stimulate the global economy, or squeeze the Russians and Iranians, and maybe force some kind of breakthrough in Ukraine and Syria? Jason Bordoff, a professor of international and public affairs and director of the Center on Global Energy Policy at Columbia University, explains.