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#1
09-11-2008, 03:59 PM
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The death of Opec?
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2012 Ford Fusion SE 3.0 V6 -SOLD- 1992 Lexus LS400 4.0L V8 -SOLD-1989 Firebird 2.8l V6 Red and White w/flames. Stock. Daily Driver. 
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#3
09-12-2008, 07:25 PM
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Re: The death of Opec?
Very good thing. It shows the Saudis are sick of the bullshit that chavez has been spouting towards the us and the rest of the modern western world. Plus, the Saudis have not been able to control the price of oil, it was driven up by speculators and that scares them.
__________________
Rusting out Honda Civic $900 Fart cannon muffler: $300 Assorted stickers advertising products you'll never own: $50 Having your @ss handed to you by a brick shaped suv: Priceless. Yup, I own the suv.
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#4
09-12-2008, 07:43 PM
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Re: The death of Opec?
I wonder why they are scared of record proffits...
__________________
 1995 Camaro - Z28 - M6 - Hardtop 2007 GMC Sierra 2500HD SLT Classic -R.I.P. Andy (Hypsi)-
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#5
09-13-2008, 01:23 AM
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Re: The death of Opec?
Awesome... Does this mean prices will come back down finally?
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-Brian
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#6
09-13-2008, 06:24 PM
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Re: The death of Opec?
They are scared of a few individuals being able to control the price of oil. If they can drive it up, they can bring it back down. Way down if they want to. Crude was around $103 a barrel which translates to gas being around 2.50 wholesale. Add in the federal and state taxes and you get gas for 2.90 to 3.10 a gallon at the pump, we just have to wait for the oil at $103 a barrel to go through the refinery and be trucked to the pump. Takes about 2 months for that to happen.
__________________
Rusting out Honda Civic $900 Fart cannon muffler: $300 Assorted stickers advertising products you'll never own: $50 Having your @ss handed to you by a brick shaped suv: Priceless. Yup, I own the suv.
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