In a news release, Moussa Maarafi, a member of Kuwaiti Supreme Petroleum Council said that OPEC should take a decision to CUT oil production by TWO MILLION BARRELS a DAY! ( Tell me again why we liberated this pricks? )
“Maarafi added that the oil cartel needs to set up a new mechanism to control oil markets if it wants to raise oil prices to 75 dollars a barrel and stressed the need for coordination among all the members of the organisation.”
AND, speaking of PRICKS…..
“Last Thursday, Russian President Dmitry Medvedev said that Russia would do anything, from cutting oil production to joining OPEC, to defend its national interests and push up energy prices.”
I recall, I believe from a recent 60 Minute interview with the Saudi oil minister, that the Saudi’s need oil at $55 per barrel to maintain their economic expenditures….. meaning, it costs the bastards that much just to MAINTAIN their country…. so the longer that OIL stays below that, it HURTS THEM! GOOD!
source: NewsPostOnline
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