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Tuesday, October 21, 2008

Greedy Oil Rich Nations...

The Perspective:

If you don't know I'll tell you. OPEC met today and plans to lower the production of oil. This is so they can get their precious oil profits.

If you haven't noticed(if you haven't you've been sleeping in a cave) the price of gas has fallen greatly over the last few months and so has the price of oil. Its down from the record high of 147 to around 70 dollars a barrel.

While this is good for us, its not good for the Big Oil Companies and this is from their point of view.

Fuck their point of view. Big Oil is a serious issues.

Saudi Arabia was the not leading nation who pressed for limits on production. Guess who it was.

Russia. Figures right? Can Putin do just one thing that benefits the world and not just himself...hell no.

But where they alone...of course not. Who else was pushing for lower production. Iran and Venezuela. Seems odd that the worlds most dangerous alliance all pushed for lower production at the same time. A

And worst of all...no one else did.

So what does this mean. It means only one thing.

Russia, Iran and Venezuela all have some kind of agenda. And it won't be good for the world. They need money for this...and oil as always is good money and its makes it quick.

Just keep an eye out...as I've mentioned before. Russia, Iran and Venezuela all deserve a close look...for many years to come.

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