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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (101251)	9/12/2011 12:29:45 PM
From: tejek	Read Replies (1) \| Respond to of 149317

The point? OPEC production is still down 1,752,000 bp/d since their high of 2008. That's not news. OPEC's production has been dropping for years even as other countries like Brazil are seeing an increase in production. Brazil has gone from a net importer of oil to a net exporter of oil: Petrobras oil exports to hit 800,000 bpd by 2020 reuters.com Have you noticed Louisiana light sweet now costs more than Brent? $116.12 vs 112. 82; New Orleans speculators must be driving up the price. Yes, that's right.