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On October 20th, 2000 the Government has issued the combined forces of the US Navy, Marines, Army, and Air Force to invade all OPEC member countries and leaders. The goal of this strike is to increase the oil production back to what it was three years and have gas prices drop faster than they raised. As well as drop prices in all US Allied countries in Europe and the rest of the world.
Ok, so none of that is true. But I wish it were. No doubt the OPEC topic has been discussed. But could someone please remind why they decided to decrease oil production? Or why it's been tolerated so far?
------------------ Calvin: "Nothing spoils fun like finding out it builds character." This post sponsored in part by the Federation Starship Datalink
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Here's the deal. They were asked to lower production because the price of oil was unstable, AND at a price of $10 per gallon. Lowering production was to stabilize it. However, due to higher than normal consumption, as well as the US becoming dependent on foriegn import of oil, prices rose. The answer? Reduce consumption, or increase domestic production.
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After all, it is their oil isn't it? Unless you want to get into that socialist idea of the world's resourses belonging to everyone on the planet and not just those who got there firt.
Ahem....moving on....
Anyway Jeff you said, "Reduce consumption..." I couldn't agree more, but how do you intend to get around:
A) The �ber large oil companies who are making huge profits off of the internal combustion engine
B) Those same �ber large oil companies lobbying Congress against any sort of regulation that would threaten the status of the internal combustion engine as number 1
C) Yuppie American materialism that includes: 1) 2 huge Ford Expeditions or 1 Expidition and on Hummer per household. The sole purpose of which is to look cool while driving and getting 5 miles per gallon of �ber large oil company gas. 2) 3 cell phones, 2 pagers, a personal air conditioner, and a TV in each room of the house. These drive up use of electricity to a huge degree. Electricty in California is by in large nautral gas produced or...you guessed it Oil produced.
Flameboard...here we come!
------------------ This is a place of business, not a peewee flopphouse! ~C. Montgomery Burns
As this is a loaded political topic, apparently, I send it to that special section of paradise we've carved out for loaded political topics: The Earth's Core!