Tuesday, June 7, 2011

OPEC Stand Off As Saudi Arabia Tries To Help Obama's Reelection Chances By Hiking Crude Output; Iran, Venezuela, Iraq Not Convinced

I've always, repeat, always been of the opinion that the House of Saud has overstated their crude oil reserves, in an attempt to ward off panic buying and hoarding.

http://www.zerohedge.com/article/opec-stand-saudi-arabia-tries-help-obamas-reelection-chances-hiking-crude-ouput-iran-venezue
Posted by Gaucho Greg at June 07, 2011
Labels: , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)