Friday, September 29, 2006

What's missing from this story?

Nigeria and Venezuela to Cut Oil Production

Two of the OPEC oil cartel’s 11 members, Nigeria and Venezuela, said today that they would voluntarily cut production in response to declining crude oil prices, which have fallen 20 percent from their peak two months ago.

The two most dysfunctional states in OPEC decide to "voluntarily" cut production and the reporter doesn’t even consider the possibility that they can’t meet their production quotas?


Post a Comment

<< Home