Monday, November 12, 2007

Saudis Reject OPEC Raise, Greasy Fast Food Restaurants Cry

http://www.ft.com/cms/s/0/a22562ba-914c-11dc-9590-0000779fd2ac.html?nclick_check=1

So oil is getting a little expensive... so what? Saudi oil minister doesn't want to increase output of petroleum? Oh butterscotch! They will be meeting next month in Abu Dhabi to discuss any future changes in output or supply shortages. More likely they are trying to figure out how best to capitalize on this situation before their customers realize there are other parts of the world with oil. I have no doubt that they will find the best possible method for exploitation with the help of the world's largest company, ExxonMobil. Boo....

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