Thursday, December 18, 2008

OPEC to Cut Oil Supply to Raise Prices

If there are any doubts that we need to get off our addiction to foreign oil, this should help clear any confusion. OPEC plans to cut oil production by some 2.2 million barrels per day. What will this do? This will raise gas the price of oil per barrel which will ultimately raise the price of gas at the pumps.

read more | digg story