OPEC Slashes Crude, Prices Continue Tumble

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Uploaded by on Oct 24, 2008

OPEC said it will slash oil production by 1.5 million barrels a day to stop tumbling crude prices, but the cost for a barrel of crude still plummeted. (Oct. 24)

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  • OPEC can cut 10M barrels, it won't matter. $70 2007's ceiling is the floor? BS! Save money & US by shifting to these alternatives: Electricity, which pays the LOCAL utility or wood/pellet stoves. Every dollar taken from overseas oil, invested in local US produced wood and pellet stoves or electrically driven heat sources, is one more dollar staying stateside, and one less dollar going overseas where it hurts us and kills our troops.

    Wake up America! We can DO THIS!

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