opec to cut oil production by 1m barrels a day

Chardok · Post by **Chardok** » 2004-12-10 10:57am

Man. Just when gas prices were coming down, too. Fook Mi.

Yahoo! news

Col. Crackpot · Post by **Col. Crackpot** » 2004-12-10 11:00am

which is why I own 2 Honda Civics. Each one only uses $18 a week in gas.

Admiral Valdemar · Post by **Admiral Valdemar** » 2004-12-10 12:53pm

Col. Crackpot wrote:which is why I own 2 Honda Civics. Each one only uses $18 a week in gas.

Two, eh? Must be hard to drive them both at the same time.

Post by **Alyrium Denryle** » 2004-12-10 12:58pm

this folks is why we need to drill in ANWR(I am bad with acronyms dont shoot me) until we can get something better up and running... like actually get electric cars on the market and switch to nuclear anergy

CaptainChewbacca · Post by **CaptainChewbacca** » 2004-12-10 03:43pm

ANWR drilling wouldn't be used to lower gas prices, it would be used to supplement dwindling oil supplies over the next century.

Cheap oil is bad economics.

Col. Crackpot · Post by **Col. Crackpot** » 2004-12-10 05:23pm

Admiral Valdemar wrote:
Col. Crackpot wrote:which is why I own 2 Honda Civics. Each one only uses $18 a week in gas.
Two, eh? Must be hard to drive them both at the same time.

well my wife owns one mr. smartass

2000AD · Post by **2000AD** » 2004-12-10 06:34pm

Chardok wrote:Man. Just when gas prices were coming down, too. Fook Mi.

That's why production is coming down. They increased production so prices dropped, now they're decreasing production so the price remains stable and doesn't drop too far.. According to the news tonight they're aiming for a stable $35 a barrel, which is 5$ more than at the start. So overall the price comes down so consumers are happy and they're getting an extra 5 bucks a barrel so the oil producers are happy.

Post by **Sea Skimmer** » 2004-12-10 06:40pm

This is why we need to begin strip mining shale oil today. I want to see armies of rented backhoes start digging the holes while we place orders for the far heavier equipment that will be needed. The fact that we have reserve of oil four times the size of Saudi Arabians under our own ground and are doing nothing to exploit it (while importing vast amounts of oil extracted in a similar way from Canada) is simply absurd.

Einhander Sn0m4n · Post by **Einhander Sn0m4n** » 2004-12-10 06:41pm

So, when does that damn Fusion Reactor come online? I'd love to be able to pay ten dollars a month and run the AC 24/7...

StarDestroyer.Net BBS

opec to cut oil production by 1m barrels a day

opec to cut oil production by 1m barrels a day

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