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RIP OPEC?
https://www.worldofkj.com/forum/viewtopic.php?f=48&t=44764
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Author:  Krem [ Thu Sep 11, 2008 10:06 pm ]
Post subject:  RIP OPEC?

http://blogs.moneycentral.msn.com/topst ... -opec.aspx

Quote:
Saudi Arabia walked out on OPEC yesterday, saying it would not honor the cartel's production cut. It was tired of rants from Hugo Chavez of Venezuela and the well-dressed oil minister from Iran.

As the world's largest crude exporter, the kingdom in the desert took its ball and went home.

As the Saudis left the building, the message was shockingly clear. “Saudi Arabia will meet the market’s demand,” a senior OPEC delegate told the New York Times. “We will see what the market requires and we will not leave a customer without oil."


Good riddance.

Author:  Box [ Thu Sep 11, 2008 10:42 pm ]
Post subject:  Re: RIP OPEC?

Yay! Rot in hell, OPEC.

Author:  Eagle [ Thu Sep 11, 2008 11:58 pm ]
Post subject:  Re: RIP OPEC?

Saudi Arabia is the USA's lap dog.

Author:  Mannyisthebest [ Fri Sep 12, 2008 12:02 am ]
Post subject:  Re: RIP OPEC?

America's singing the praises of a outdated, Cruel Monarchy...

Author:  Jim Halpert [ Fri Sep 12, 2008 10:06 am ]
Post subject:  Re: RIP OPEC?

Eagle wrote:
Saudi Arabia is the USA's lap dog.


yep

Author:  Gulli [ Fri Sep 12, 2008 2:55 pm ]
Post subject:  Re: RIP OPEC?

Thank God for that.

Author:  Dr. Lecter [ Sat Sep 13, 2008 11:12 am ]
Post subject:  Re: RIP OPEC?

It was just a matter of time anyway.

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