EllowViper
Enthusiast
QUOTE" A wary OPEC said Monday it will keep pumping crude at current levels, while also making clear it would consider scaling back production if oil prices keep plummeting. The Organization of Petroleum Exporting Countries -- anxious to keep prices already at five-month lows from a free fall -- pledged to "vigilantly monitor" the combination of rising inventories and easing political tensions that have pushed crude down by almost $13 a barrel since midsummer..."
WOW. We've all been Hoodwinked all year long...so if OPEC can't keep the prices artificially high regardless of supply and demand, they will just unilaterally screw the rest of the world accordingly and create supply shortfalls by holding back production. So nice of our Middle Eastern "World Trade Partners". Makes me wonder what we have that they need...oh wait, wouldn't that be our military presence amongst other stipends ensuring unrestricted market access for these fellows??? Too bad we've created such a situation where our hand is permanently caught in their cookie jar. *****.
WOW. We've all been Hoodwinked all year long...so if OPEC can't keep the prices artificially high regardless of supply and demand, they will just unilaterally screw the rest of the world accordingly and create supply shortfalls by holding back production. So nice of our Middle Eastern "World Trade Partners". Makes me wonder what we have that they need...oh wait, wouldn't that be our military presence amongst other stipends ensuring unrestricted market access for these fellows??? Too bad we've created such a situation where our hand is permanently caught in their cookie jar. *****.