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OPEC isn't quite as able of controlling the prie of crude oil as it s accustomed? What a pity
1 posted on 12/18/2008 5:27:59 PM PST by .cnI redruM
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To: .cnI redruM

Didn’t hear them panicking and holding emergency meetings when oil was spiking upward to 147 a barrel.


2 posted on 12/18/2008 5:31:13 PM PST by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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To: .cnI redruM

Once the prices start to drop as they have the ability to control the drop disappears for years.

In 1981 the Saudis targeting driving the price down to $20 bbl. It went to $10 bbl. The present situation is more out of OPEC’s control. We need to act to keep it that way.


4 posted on 12/18/2008 5:44:49 PM PST by AmericanVictory
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To: .cnI redruM
Is there no end to the evil and greed of speculators? Won't someone do something to stop them from driving prices down so low, so fast? Where is Chuck Schumer when we need him?

Bush's Fault!

7 posted on 12/18/2008 8:06:58 PM PST by Phantom Lord (Fall on to your knees for the Phantom Lord)
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