OPEC to Cut Oil Production

Posted by admin on November 5th, 2009 and filed under oil production | 25 Comments »

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)

Duration : 0:1:10


[youtube _bTWTXvWqiw]

25 Responses

  1. Joey4985 Says:

    The higher they …
    The higher they raise the prices the less people will buy so the prices will still come down nut i say fuckem money hungry bastards

  2. BangSue7 Says:

    we suck : )
    we suck : )

  3. cx7530 Says:

    fuck these people …
    these people bunch of sand with towels on there head with a fan belt holding it on and obama

  4. IntellectualConcepts Says:

    opec and saudi …
    opec and saudi arabia are stupid

  5. AcaiBerryMONAVIE Says:

    opec is like …
    opec is like DEBEERS Diamonds suck as WILL OIL WILL SUCK too

  6. AcaiBerryMONAVIE Says:

    SUCK SATAN’S …
    SUCK SATAN’S – opec

  7. cocacola443 Says:

    OPEC (and more …
    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.

  8. wodanowitz Says:

    Fuck the OPEC, …
    the OPEC, let’s get away from oil as energy power, so they will be forced to drink theire oil.

  9. harryflocyberman Says:

    Rush limbaugh …
    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.

  10. taterville29 Says:

    Opec oil cartel …
    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.

  11. mcbong10 Says:

    OPEC are greedy …
    OPEC are greedy pigs!!lets cut the demand no more fulltank of gas to your car.bicycle is the best alternative

  12. blingwave Says:

    god I hope that the …
    god I hope that the big 3 are forced to make energy efficient cars, and that oil producing countries get screwed up the ass..

  13. jeabo0adhd Says:

    we should be …
    we should be independent of these greedy pigs!

  14. gunnguy12 Says:

    If Opec had its way …
    If Opec had its way they would suck every dime out of every country possible and destroy the worlds economy. Eventually destroying themselvs. Opec is like a dumb fat kid in a candy store. Keep it up Opec the world working hard on relieving itself from your extortion. Stupid is as stupid does!!

  15. dinobravo420 Says:

    well America uses …
    well America uses 20 million per day . so lets see how big oil greed works this out into a phuck the consumer outcome

  16. RegularFool Says:

    The reason why gas …
    The reason why gas is so high is because OPEC knows that oil is on the outs and electric vehicles and nuclear power will be in. They are trying to rake in as much money as they can as the market will deteriorate more and more until their trying to sale the crap for 35 cents a gallon. ROFLMAO
    Bring on the EV’s!

  17. SevenMinusOne Says:

    Oopsie poopsie- …
    Oopsie poopsie- FORGIVE me…that would be the one and only JIMMY PAGE not to be CONfuzed wih the One and Only Robert Plant

  18. SevenMinusOne Says:

    Howard Beale, “the …
    Howard Beale, “the mad prophet” and Jimmy Plant and ZAPLIN
    come to the same stage to deliver
    a message!

  19. SevenMinusOne Says:

    TURN IT UP!
    Mad

    TURN IT UP!
    Mad
    watch?v=90ELleCQvew
    1972
    watch?v=svR3iXKTJvc

  20. SevenMinusOne Says:

    Are the missing …
    Are the missing words that been blanked out important?

  21. SevenMinusOne Says:

    Yuri Bezmenov …
    Yuri Bezmenov Explains Soviet Strategy for Subversion 2 of 9
    watch?v=0kz7J-921a0

    LISTEN AND WAKE UP FOLKS

  22. SevenMinusOne Says:

    Say, a solution to …
    Say, a solution to the world’s woes…
    Once McCain is elected and WE THE PEOPLE get him and our officials back on track, we shall set the hounds loose on the fox.
    Hunt your wealthy, filthy socialists, crooked down, freeze your assets and take those assets and distribute them back amongst those which they were stolen from.
    Shall we call it a GLOBAL CLASS ACTION LAW SUIT!!!
    Now then, chew on that hiney for a bit!

  23. SevenMinusOne Says:

    NOW, is there any …
    NOW, is there any chance one of you stiff suits who (stole) oopsie, own billions would thrown some change in my tin cup, would ya!

    YOU stole it unfairly by running a crooked stock market.

    NOW TELL US WHAT THE WORDS that are blanked out say!!!

  24. SevenMinusOne Says:

    Ok, wait….I think …
    Ok, wait….I think Obama is cool enough…
    but I doubt he’s the second coming of Christ as FaraCON claims…
    Obama hides too many secrets
    plus he snorts cocaine…
    sorry to let ya down but he’s just another crooked politician

  25. SevenMinusOne Says:

    cool, alrighty then …
    cool, alrighty then!

    maybe he’ll feed me some fish and bread
    and a glass of wine too…
    I
    m hungry

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.