>>After seeing Bin-Laden give his speech on CNN, we'll see a renewed effort within OPEC for more production cuts.<<
Frank, this conclusion makes no sense. The U.S. is getting very good cooperation from OPEC, which includes making sure the price of crude remains stable. The Islamic extremists would like nothing better than to disrupt the flow of oil, creating fear and uncertainty among the consuming nations. The OPEC nations are clearly bent on preventing that, while at the same time allowing for a slightly lower average price to stimulate economic recovery and guard against inflation in world economies.
There is no reason, repeat NO REASON to believe that the OPEC countries, particularly Saudi Arabia, Kuwait, and the UAR, are doing anything that would provide aid and comfort to the extremists. Quite the opposite. These countries realize how easy it is for extremism to get out of hand and bring down their own governments. We should be thankful that we're getting such cooperation, and at the same time, we should be pressuring the Israelis to cool it and get back to the negotiating table.
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