Friday, October 24, 2008

This article proves that we can't forget to keep pushing for energy independence....... - OPEC Cuts Oil Production in Move to Boost Prices - International News | News of the World | Middle East News | Europe News
The international oil cartel agreed Friday to cut daily production by 1.5 million barrels in a move to drive up prices on the international market — and, at the gas pump.

Hardline OPEC members Iran and Venezuela had been pushing members to slice production by 2 million barrels a day, with Iran's oil minister declaring, "The era of cheap oil is finished." When asked before Friday's meeting what price Iran would want for its oil, Gholam Hossein Nozari boasted, "The more the better."

Bill: I hope the American people remember this and keep the push going for more drilling here...

No comments:

Post a Comment

Feel free to leave a comment. If you make a rude or vulgar comment (determined by me) the comment will be deleted.