Wednesday, December 13, 2006

The OPECers

The World Sunlight link shows that before long it will be daybreak in lovely Abuja, Nigeria where the OPECer cartel members are meeting. A variety of news links (including this one) are indicating that OPEC may opt to take a wait and see approach on production targets and not do anything this time around. There are also other reports floating around that OPEC may opt to specify a cut that would take effect 3 months from now.

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