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 = TERRORISTS

  • If Opec had its way they would suck every dime out of every country possible and destroy the worlds economy. Eventually destroying themselvs. Opec is like a dumb fat kid in a candy store. Keep it up Opec the world working hard on relieving itself from your extortion. Stupid is as stupid does!!

  • While you people bicker about oil, I shall be preparing for the TOTAL economic disaster that is being (funnily enough) AVOIDED in the news these days, and replaced with things to anger you and confuse you.

    When did WORLD CRISIS' become boring to the WORLD...... This STINKS, absolutely stinks, do you not ask where the bail-out went, or why Gordon has said KEEP borrowing. We are going to destroy ourselves AND our childrens futures, what a bunch of greedy fucks we are.

    Kids are gonna be PISSED.

  • They can cut 10M barrels, it won't matter. Suddenly $70 2007's ceiling is the floor? BS! Save money and the US by shifting to these wonderful alternatives: Electricity, which feeds 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!

  • And as they enter the stretch Big Oil has a slight lead, but here comes Little EV with a powerful kick on the outside...Little EV takes command at the top of the stretch and has found Another Gear and draws off from Big Oil...AND DOWN the stretch they come, Little EV has opened up 20 lengths on Big Oil and Big Oil has pulled up and drops out, it's all Little EV, Little EV has won the run for the world. And the crowd has gone crazy as Little EV has upset Big Oil, what a day we will never forget.

  • Bring on the ev and nuke plants so we can say to these oil countries, "we will call you if we need you". LOL

  • did he just say billion? hehe

  • The key is to switch over to electric cars and produce energy from coal, nuclear, wind and solar here. That way we stop dumping money overseas which could be invested in domestic production.

  • Awesome dude, I'm down to 12-15 gallons a month myself. Driving a 4-cylinder and living in the city, can't beat it. When those electric cars come out like the Chevy Volt I'll be set!

  • Last month, I used one half of one tank of gas. I used to fill up at least two tanks a month. Take that!

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