tag:blogger.com,1999:blog-16816866.post4072519897086057850..comments2024-02-29T02:10:56.878-08:00Comments on J O S H U A P U N D I T: OPEC Meeting Ends In Disagreement; Saudis Unable To Get Production IncreasedFreedom Fighterhttp://www.blogger.com/profile/13649470110087808596noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-16816866.post-29635346138968168382011-06-09T23:35:29.675-07:002011-06-09T23:35:29.675-07:00Oil at the beginning of 2003 was $33/bbl. Since th...Oil at the beginning of 2003 was $33/bbl. Since then the oil price has tripled and world population has grown by 600 million.Making Money From Homehttp://greatfoodideas.fastprofitpages.com/?id=jdmnet30noreply@blogger.comtag:blogger.com,1999:blog-16816866.post-36270521640560573682011-06-08T13:07:48.145-07:002011-06-08T13:07:48.145-07:00I seriously doubt that they made any real effort t...I seriously doubt that they made any real effort to increase production. This may have been for show. I'm not sure. Also, its highly unlikely they are going to "fulfill a request from the White House" either. America is almost universially despised. As such, no one is going to want to fulfill any request from America. In addition, many of these regimes are on the ropes as it is. For their best chances of survival, they would likely want to distance themselves as much from America as they could. <br /><br />As for Mr. Obama, he may need to make a decision. Is keeping the enviro-whackos happy more important than winning reelection. Ordinarily one would think winning reelection would be more important but we have a number of ideologues running things in America right now. <br /><br />Simply opening up all of our own oil and gas reserves for drilling has more benefits for our economic and national security interests than any thing we are currently doing does. It has the added benefit of allowing us to have more leverage when dealing with OPEC. Right now we have none.B.Posternoreply@blogger.comtag:blogger.com,1999:blog-16816866.post-76158598117648419792011-06-08T13:02:46.379-07:002011-06-08T13:02:46.379-07:00one other reason iran may be opposed to an increas...one other reason iran may be opposed to an increase would be it will keep russian oil at a premium.<br />having europe by the short hairs, they don't really need a reason to sell at a premium.<br />just to keep up appearances as it were.<br />china i'm sure has their own personal deal with the sudan.louielouienoreply@blogger.com