OPEC has been squeeling like a stuck pig for 2 months. In point of fact, they have been operating at the upper limit of their capability for quite some time now. Refineries can only operate for so long before they have to go into shutdown. Operators in the US are required by law to do shutdowns once a year. In other countries they run by looser rules, at least till their refineries start blowing up.
2Hotel9 - 03:10pm on 10/19/2006
Well that shoots that democratic theory in the ass.
Lets see if the dems run away from that one.
Goon - 05:10pm on 10/19/2006
Well that shoots that democratic theory in the ass.
Lets see if the dems run away from that one.
Goon,
Hardly likely. Democrats have never shown themselves to be influenced by the truth.
As for the production cut backs, I doubt that they will have much of an impact on gas prices. There have been numerous instances in the past of when OPEC called for production cuts, and invariably, one member country or another winds up trying to make up for the lost revenue by increasing oil production in spite of OPEC. Greed IS good!
They are obviously working for the Dems.
OPEC has been squeeling like a stuck pig for 2 months. In point of fact, they have been operating at the upper limit of their capability for quite some time now. Refineries can only operate for so long before they have to go into shutdown. Operators in the US are required by law to do shutdowns once a year. In other countries they run by looser rules, at least till their refineries start blowing up.
Well that shoots that democratic theory in the ass.
Lets see if the dems run away from that one.
Goon,
Hardly likely. Democrats have never shown themselves to be influenced by the truth.
As for the production cut backs, I doubt that they will have much of an impact on gas prices. There have been numerous instances in the past of when OPEC called for production cuts, and invariably, one member country or another winds up trying to make up for the lost revenue by increasing oil production in spite of OPEC. Greed IS good!