RonJonSurfer Posted October 24, 2008 Report Share Posted October 24, 2008 As the price of a barrel of oil continues to sink (even after OPEC said they are reducing production) OPEC is concerned about the situation. The following statement was made by OPEC" "Oil prices have witnessed a dramatic collapse -- unprecedented in speed and magnitude," said a statement from the 13-nation organization announcing its decision after unusually short deliberations. "This slowdown in demand is serving to exacerbate the situation in a market which has been oversupplied with crude for some time." Am I wrong, or weren't the price increases also unprecedented in speed and magnitude? Are you feeling sorry for OPEC and their problems? Link to comment Share on other sites More sharing options...
Shawna Posted October 24, 2008 Report Share Posted October 24, 2008 eh, not so much. Link to comment Share on other sites More sharing options...
Uncle Joe Posted October 24, 2008 Report Share Posted October 24, 2008 I say let's bomb the bastards. No, wait. I didn't mean that. You don't say that out loud. It's those damned McCain political ads. They just get me so fired up. I feel almost Bush-like. YoBama....save us all!! Link to comment Share on other sites More sharing options...
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