Sooner or later OPEC's going to realize that customers aren't willing to continue to get ripped off and are going to look for alternatives if they try to squeeze too hard. Plus, with Iran and Venezuela's economy's needing as much money as possible, Iran and Venezuela aren't going to be too keen on cutting production. Analysts say that they expect oil to slide even further and this slight bounce in price is just a mere "resting point". Hopefully they are right. :)
Travis
travis@rightwinglunatic.com
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