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<blockquote data-quote="The Other Side" data-source="post: 830618" data-attributes="member: 17969"><p>OPEC? </p><p> </p><p>Under BUSH, opec said it was producing at 99.9% of capacity, and we were told by BUSH that it was a supply vs demand issue and oil rose to almost 150 a barrel and fuel per gallon went to 5 dollars at that cost. TODAY opec is operating at only 75% of capacity, there is a ton of oil in the world and in this country, and yet at 110 a barrel fuel prices are at 4.50 a gallon, How does this figure and how does this place blame on opec?</p><p> </p><p>OPEC has already said it would increase production to offset the loss of world oil because of the turmoil in libya but its our oil companies that are rejecting that request.</p><p> </p><p>OPEC has nothing to do with the current costs of our fuel. WALL STREET once again is getting the free pass as many oil investors are making millions on the backs of a weak nation (ours).</p><p> </p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 830618, member: 17969"] OPEC? Under BUSH, opec said it was producing at 99.9% of capacity, and we were told by BUSH that it was a supply vs demand issue and oil rose to almost 150 a barrel and fuel per gallon went to 5 dollars at that cost. TODAY opec is operating at only 75% of capacity, there is a ton of oil in the world and in this country, and yet at 110 a barrel fuel prices are at 4.50 a gallon, How does this figure and how does this place blame on opec? OPEC has already said it would increase production to offset the loss of world oil because of the turmoil in libya but its our oil companies that are rejecting that request. OPEC has nothing to do with the current costs of our fuel. WALL STREET once again is getting the free pass as many oil investors are making millions on the backs of a weak nation (ours). Peace. [/QUOTE]
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