Posted by
Richard on Monday, October 20, 2008 1:04:38 AM
If one has not noticed the price of oil has been slowly coming down. Many factors are of course involved, but for the most part there has been a surplus of oil and as such market forces have done what they traditionally do; react. Now this blogger reads that OPEC has gotten together and has decided to cut back production so as to decrease the supply. It is my wonder if congress will summon them and point a finger at greedy OPEC nations. More than likely there will be a new round of grilling the oil industry in this country instead. Heck it's easier...