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OPEC signals it wants high oil prices
Consumption; Demand; PricesLehyina writes: OPEC is sending out signals to the global market that the cartel wants oil prices, at near-record highs, to remain there this year.

Analysts say the situation will create a bidding war for Middle East oil.


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Posted on Sunday, February 27 @ 04:35:29 PST by BabyPeanut
 
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Re: OPEC signals it wants high oil prices (Score: 1)
by killJOY on Sunday, February 27 @ 05:48:41 PST
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Remember what Deffeyes says: "No one can control the price of oil" anymore.

So: "OPEC signals it wants high oil prices" translates as, "Since we can't control the skyrocketing price of oil, let's pretend we want the prices way up there."

Dishonest fucks.

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