Misery for drivers as 'greedy' Opec cuts production to keep prices ABOVE $100 a barrel
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Misery for drivers as 'greedy' Opec cuts production to keep prices ABOVE $100 a barrel         

Group: uk.transport · Group Profile
Author: Doug
Date: Sep 10, 2008 23:12

Oh dear, motorists seem to be in misery. I wonder why they bother?

"Motorists have been warned to expect crippling prices to continue at
the pumps after the oil cartel OPEC cut production of crude to keep
prices above $100 a barrel.

The AA said Arab-dominated OPEC was 'holding the world to ransom' and
making citizens of the Britain and other Western nations pay the their
price of their 'pure greed'.

OPEC nations - including Saudi Arabia, Kuwait, Iran, Iraq, Libya, the
United Arab Emirates, Algeria, Nigeria, Venezuala and Ecuador - have
around two-thirds of the world's known oil reserves, and account for
40 per cent of the world's oil production..."

More:

http://www.dailymail.co.uk/news/article-1054116/Misery-drivers-greedy-Opec-cuts-production...

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