Russia, Venezuela, and Iran (the Axis of Power), can no longer meet their internal budgets. There are also talks to form an OPEC style cartel. Oil prices to go back up?
Oil Prices Back Up?
October 21, 2008
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Posted by Lance
Oil Prices Continue to Drop 10-16
October 16, 2008Below $70 a barrel, and dropping amidst economic woes. Link
Note: OPEC has called emergency meeting in response to falling prices. Link
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Posted by Lance
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