OPEC refuses to increase production

12-05-2007 • New York Times

OPEC said the reason prices have risen in recent weeks had nothing to do with supply and demand but was instead the result of (among other things) geopolitical instability.

1 Comments in Response to OPEC refuses to increase production

Comment by PureTrust

Entered on: 12/6/2007 5:30:29 AM

Since there is more oil in Alaska, the Gulf of Mexico, and areas under Utah and Colorado than in the Middle East, we can see that OIL is not the reason for U.S. involvement over there.

The only violent areas of conquest left in the world for the super, super-rich are in the Middle East. While America and Russia and China and India and the countries of South America, etc., have all essentially given up their freedom, it is only the savage, warring nations of the Arabian Middle East that remain to be conquered in the world.

The Ron Paul glitch in America will dissipate when things get a little rough for Americans.

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