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Politics : Foreign Affairs Discussion Group
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To: Rascal who wrote (82466)3/15/2003 10:15:55 PM
From: quehubo  Read Replies (2) of 281500
 
Yes, we call the shots on oil prices. OPEC tells us what they want and we call it.

Reality is the OPEC and the USA have the same goals with oil prices, as stable $25 would make everyone happy. Unfortunately with Venezuela falling down and Iraqi production soon to hit a speed bump there is not much the rest of OPEC can do since they are producing at maximum capacity.

Study energy and you will realize OPEC is in the drivers seat. 2/3 of ALL oil is sitting under Arab Muslim lands.
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