Wednesday, December 17, 2008

OPEC poised for output cut of 2 million barrels a day - MarketWatch

editor: this is how the gas price will be moved up... This certainly makes you wonder, as an American, if electric cars aren't a good way to keep from being manipulated by the Middle East..

OPEC poised for output cut of 2 million barrels a day - MarketWatch: "With crude prices hovering near $44 a barrel and OPEC attempting to boost oil prices, the group is widely expected to attempt its largest-ever reduction in output. Speculation of a production cut has been building in the market in recent days."

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