OPEC to Cut Oil Production
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OPEC oil ministers agreed Wednesday to trim overall output by more than 500,000 barrels a day in a compromise meant to avoid new turmoil in crude markets while seeking to bolster falling prices. (Sept. 10)
Canal: News & Politics
Añadido: November 30, 1999 at 12:00 am
Autor: AssociatedPress
Duración: 01:10
Puntuación: 4.50
Reproducciones: 1883
Etiquetas: cut meeting oil opec production
Comentarios
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IntellectualConcepts (November 30, 1999 at 12:00 am)
opec and saudi arabia are stupid
AcaiBerryMONAVIE (November 30, 1999 at 12:00 am)
opec is like DEBEERS Diamonds suck as WILL OIL WILL SUCK too
AcaiBerryMONAVIE (November 30, 1999 at 12:00 am)
SUCK SATAN'S COCK - opec
cocacola443 (November 30, 1999 at 12:00 am)
OPEC (and more importantly Saudi Arabia) couldn't increase production last summer (though they were way above their price target) even though they promised to.Believing in ever increasing prices and revenue, they started huge construction projects, and cannot complete them due to reduced prices. At first, they were reluctant (as individual nations) to commit to any production cuts, because this hurts them individually. It benefits a single OPEC nation more if the rest of OPEC make cuts.
wodanowitz (November 30, 1999 at 12:00 am)
Fuck the OPEC, let's get away from oil as energy power, so they will be forced to drink theire fucking oil.
harryflocyberman (November 30, 1999 at 12:00 am)
Rush limbaugh theory about the oil companies has now been exterminated, they do ban together after all huh who would have thought? sorry Rush we can't always be right 100% of the time, If they can't make a profit, hell, they'll just make it artificially by cutting back their supply, cool! it makes you feel all fuzzy inside doesn't it? Great way to help the people in a time of recession! free market enterprise, capitalism at its best.
taterville29 (November 30, 1999 at 12:00 am)
Opec oil cartel would starve to death if it wasn't for their oil.Opec doesn't care about people that they sell their oil to, only themselves.Maybe one day opec will have to drink their oil, because they couldn't sell it .I believe that will eventually happen to them,and I hope Russia stay away from opec.
mcbong10 (November 30, 1999 at 12:00 am)
OPEC are greedy pigs!!lets cut the demand no more fulltank of gas to your car.bicycle is the best alternative
blingwave (November 30, 1999 at 12:00 am)
god I hope that the big 3 are forced to make energy efficient cars, and that oil producing countries get screwed up the ass..
jeabo0adhd (November 30, 1999 at 12:00 am)
we should be independent of these greedy pigs!
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