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Wednesday, November 14, 2007

- OPEC REJECTS US Call To Increase Production

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OPEC REJECTS U.S. Call To Increase Oil Production (Drudge Report)

Well, well, well. It sounds to me like the OPEC countries are again pulling all the strings to make us dance to their music... or we don't get to dance at all. They have us over the proverbial "barrel" again (the oil barrel that is).

Now the scuttlebutt is OPEC will reject/ignore requests from oil-guzzling regions like the USA, China and Europe to increase their daily output of crude oil.

It will be the greatest of days when future technology is developed to end our dependence on Middle-East and South American oil fields.

I will eagerly support whatever form of replacement power they can develop here in the USA... solar, nuclear, hydrogen, magnetic, wind, or whatever.

Then when countries no longer need the Middle-East oil, it will be our turn to watch the OPEC leaders... maybe they can sit down to enjoy "oil sundaes"... a bowl of desert sand topped with their own unsellable crude oil.

Then we'll see who is over a "barrel". That day can't come soon enough for me.

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