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To: Hawkmoon who wrote (50012)	3/4/2000 12:45:00 PM
From: goldsnow	Read Replies (2) \| Respond to of 116763

Free markets are just that. OPEC is a non-free market oriented cartel. They seek to control prices and monopolize production.>>> Nonsense. They sell cheap product. Do not like it? Develop alternative energy, find more oil, conserve, cancel vacation, sell SUV, save ozone layer....Whatever..but do not complain....

To: Hawkmoon who wrote (50012)	3/4/2000 1:09:00 PM
From: Braincramp	Read Replies (1) \| Respond to of 116763

Ron, think for a moment. What would happen to the North American oil companies? They would all be broke. If the OPEC oil producing nations wanted to they could produce oil at a profit for $5.00 a barrel. North American producers need $15 to break even. So, if everybody pumped oil at their cost, in four years the North American oil industry would no longer exist. This would include most of Europe's oil industry as well. Then countries like Saudi would be able to charge us $100 per barrel. OPEC was put in place, to control the price of oil, so that everybody would have a level playing field.