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To: frankenMonkey

I think that what he’s trying to say is that OPEC is invested in the market. So, when we bail out the market, we bail out OPEC so OPEC has a win-win. With no bailout, the markets go down and OPEC must lower oil prices to revive the market.


12 posted on 09/30/2008 9:11:52 AM PDT by Pfesser ( Georgia boy)
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To: Pfesser

I’m confused. Didn’t I read last week that OPEC is going to cut back production, not cut prices?


13 posted on 09/30/2008 9:24:13 AM PDT by sarasota
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To: Pfesser

OPEC can’t eat oil, and we are its biggest customer. The cost will come down as far as necessary to allow us to continue taking oil off their hands. There, Mr. Trump. does that help?


15 posted on 09/30/2008 9:29:17 AM PDT by billhilly (I was republican when republican wasn't cool. (With an apology to Barbara Mandrell.))
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