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No shortage of oil supply: OPEC

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Uploaded by on Oct 20, 2009

OPEC Secretary General Addulla El Badri does not expect oil prices to reach three figures in the near future as there is no shortage of supplies.

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  • i don't think they could increase oil production even if they wanted to. the long trend in gas prices is to go up. I believe in peak oil, and think the cheep oil is ether gown or close to it. I am almost ready to beet some of this worthless currency we have that oil will run up similar to last year. this shitty economy is the only thing keeping oil prices this low.

  • "they want to see a price that will hinder the global economy"

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