Wednesday, July 28, 2010

Is there a way for the U.S and other European nations to counter OPEC with thier ridiculously high oil prices?

For example, raise the price of rice that we ship to the M.E.Is there a way for the U.S and other European nations to counter OPEC with thier ridiculously high oil prices?
Any hostile action (such as deliberate increase of food prices) will be responded to.





OPEC will do the same thing they did in 1973. Reducing oil production for the sole purpose of raising the prices.Is there a way for the U.S and other European nations to counter OPEC with thier ridiculously high oil prices?
The solution is simple.....yet also complex--but it CAN be addressed (and probably is on high-levels not privileged by the press).





OPEC is a cartel made up of several oil producing companies planet-wide. All one has to do is find the country (or countries) raising the price--likely out of embitterment towards the USA--and ';influence'; them to lower the price.





I'm thinking, of the total OPEC cartel, there's two key countries---one of which MAY be Al-Qaida sympatheic, and they work as the team to drill the high price into America.





Bet the bank American Big Oil knows the key player(s)---so does Bush. Given these slugs raising the prices can be held accountable under articles of economic terrorism ( a REAL criminal charge ), it's my guess they're aloof on the run, but still are calling the key shots.





These are the slugs that must be caught and thrown down hard on.....and I suspect the hunt for them is on; only a matter of time before they're caught.





Somebody in the OPEC cartel remembers Bush's tough talk ';Terrorist allies are OUR enemies---and they WILL be dealt with!!';. The key player(s) are drawing the line---daring Bush to cross it; we are in the cross-fire.





I'd visit OPEC's leader----who surely knows who the troublemaker(s) are. And if he's aiding and abetting the economic terrorists.....then HE too IS in trouble. And maybe Bush ought to show OPEC he isn't bluffing......





......but sadly, I don't see that happening.
do nothing to opec but change the regulation so that the speculators have to fork out the cash (100%) on their bids and take and hold the oil they purchase for 60 days.





everything in the commodities market is too easy. it's devolved to pointing and clicking.
Its not OPEC causing this problem, its the Worldbank and IMF causing the problem because of their control of the financial markets....
If OPEC is the cause for high prices, why do the oil companies that get their oil right here in the USA charge the same high prices?
Yes, stop bugging Iran;-p

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