OPEC votes to lower production of oil output.

Shuxclams

Diamond Member
Oct 10, 1999
9,286
15
81
Get ready for higher Gasoline, heating and energy costs, and OBTW this will make the need to drill in widerness preserves a top priority.... What a load of crap! OPEC still hasnt raised its production of crude since the last "slowdown"! :|







SHUX
 

BMdoobieW

Diamond Member
Oct 26, 2000
3,166
0
76
Good thing I'm not driving or paying for heat for the time being while I'm working and living in the big city.
 

dcdomain

Diamond Member
Jan 30, 2000
5,158
0
71
Damn them to hell. This will be the last year I own my SUV anyway, after that it's a car all the way. OPEC is just screwing themselves. With the higher gas rates, it'll help spur research into other ways of powering cars and what not. In time, we'll be free of OPEC's rule and be rid of them (still a long while away, but this is definitely speeding things up). So anyway, where's that Sterling engine? Where's Kamen?
 

SuperTool

Lifer
Jan 25, 2000
14,000
2
0
I think if these oil prices will help get more SUV's off the road and get more fuel efficient cars, it might be a good thing.
I think hybrids and fuel cells will take over in the next decade, and this kind of price pressure will help that.
 

optoman

Diamond Member
Nov 15, 1999
4,181
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0
I hate seeing too many humans. They are also using up too many of our resources.
 

WoundedWallet

Platinum Member
Oct 9, 1999
2,325
0
0
Yeah humans... get off the internet! You're slowing it down for me.

I bet GW is starting to wonder whether Al Gore was the real winner.
 

yakko

Lifer
Apr 18, 2000
25,455
2
0


<< lets invade and take over the middle east. problem solved. >>

Never mind the fact that we don't get much oil from there.
 

Double Trouble

Elite Member
Oct 9, 1999
9,270
103
106
Yeah, it sucks that we're gonna have to pay higher prices for energy.... but.... there's nothing wrong with what OPEC is doing. It's economics, we demand it, they supply it, they control the supply (to an extent) and so they set the price point. What's wrong with that? Wouldn't any business do the same?? Doesn't MS control the price for their products (within limits of course)?? Is it OPEC's fault that we need to purchase something they have? It's our own fault for being energy wasteful and not pushing harder for energy alternatives.....
 

Mday

Lifer
Oct 14, 1999
18,647
1
81
i blame the oil cartel...

if things went right, we would be MUCH less dependent on &quot;oil&quot; than we are now...