I find this Humerous...

[eeboater]

Opec is concerned over the falling oil prices...

Here's a link to read more:

http://www.ft.com/cms/s/51ec2e78-40da-11db-827f-0000779e2340.html

 

[JB]

Re: I find this Humerous...

Awwwwww.

 

[kenimpzoom]

Re: I find this Humerous...

If Iran settles down and the hurricanes keep heading north east, and Nigeria plays nice, then oil will go to 40- 50 dollars a barrel WHERE IT SHOULD BE.

Opec is watching closely cause the last time they didnt, oil prices fell to 8 dollars a barrel.

That was a huge mistake, and some of the high prices now can be blamed on that. Low prices = no exploration for new oil. High prices = slow economy = bad. Mid prices = just right.

The media never reports this, but there are oil tankers sitting in Saudi full of oil, and nowhere to sell it.


Remember, new oil fields take 5 years to really come alive.

 

[ZmOz]

Re: I find this Humerous...

Well, I'm gonna go donate about 60 bucks to the cause...:|