[Shermy]

Ping.

[Fish out of Water]

*Index Bump

[Dog]

A Stage 2 energy deal: Russia joins the International Energy Agency (IEA), a fair oil price is agreed upon for Russian oil, the West agrees to compensate Russia for financial losses when oil prices fall below this level, and Russia agrees to compete ruthlessly against OPEC to cut world oil prices as low as possible.

MIss Marple...President is playing chess again ...while the media worries over the 20 commie protestors...LOL!

[Dog Gone]

Sorry, the whole thing is BS. When you start price-fixing and interfering in the free markets, you're going to get unintended consequences every time. If Russia wants to sign a long-term contract with some international oil company for oil deliveries, that's fine. That will protect them if the price drops.

But all this crap about strategically setting oil prices and UN control is all more big government planning over something that should never be controlled in the first place.

[mafree]

Follow da oil.