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OT/ OPEC production cuts

Discussion in 'Off Topic Threads' started by TOOLMAKER 251, Dec 18, 2008.

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  1. TOOLMAKER 251

    TOOLMAKER 251 Active Member

    Jan 29, 1998
    Since OPEC announced their 2.5 million barrels a day cut oil has dropped down to $37 a barrel. Maybe there next move will be to stop production to every other day. Economists are saying it will drop as low as $25-30 a barrel. Now watch the politicians start licking their lips when gas gets down to around a buck, their already starting to smell a tax increase.
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