opec

Tagged Discussions

January 2, 2019 - What happened when?

LindaOH @LindaOHio (222285) • United States 2 Jan 20

National Buffet Day Happy Mew Year for Cats Day Swiss Cheese Day 1974 - U. S. President Richard Nixon signed a bill reducing the maximum speed limit to 55 mph during the OPEC (Organization of the Petroleum Exporting Countries)...

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5 people

Crude Oil Prices

Mohammed Karjatwala @karjatwala (1120) • Pune, India 20 Mar 16

With sanctions lifted, Iran increased its Oil production and crude oil prices fell from US $ 100 a barrel in June 2014 to under US $ 28 a barrel in January 2016 and have now risen to US$ 40 a barrel in March 2016. This is due to...

1 response •

1 person

Last year the increase in gas prices was The presidents fault

meandmy3 @meandmy3 (2227) • United States 31 May 09

but now that the democrats are in office it is OPEC's fault. As reported earlier this week by MSNBC Opec is the reason for the recent increase in the cost of gas, however last year this time when gas prices were on the rise, it...

8 responses •

1 person

OPEC approves HUGE cut in oil production

lilwonders @lilwonders456 (8214) • United States 17 Dec 08

Well who did not see this coming. OPEC has decided to cut 2.2 million barrels of oil. YOu know why they did this right? Well because prices dropped, they are not making as much money so they are making less of it so that the...

decrease prodcut to increase price

oil

opec

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2 people

PLEASE, don't stop minimizing gas usage, here's why.

xfahctor @xfahctor (14113) • Lancaster, New Hampshire 6 Dec 08

With gas prices at multi year lows and set to drop by some estimates to nearly $1.00 a gallon, and with oil sitting at just over 40 bucks a barrel a 4 year low, there is great temptation to once again be gluttonous and burn up...

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1 person

Whats really going on with oil prices?

xfahctor @xfahctor (14113) • Lancaster, New Hampshire 22 Jul 08

Ok, there is a great deal of debate over why oil is so expensive. Even the so called experts cannot seem to agree on specifics but seem to point to a number of factors rather than one smoking gun. Everything has been blamed from...

energy

oil

opec

3 responses

Independence Day- A National Lie

WorkingOnWise @WorkingOnWise (28) • United States 30 Jun 08

I woke up this morning thinking of the upcoming holiday here in the USA, Independence Day, The 4th of July. I few questions ran threw my head and they saddened me as the truth of their answers sank in. I'd like to know what you...

4 responses •

3 people

Oil gas prices

mihopopcorn @mihopopcorn (248) • Philippines 9 Jun 08

There have been a lot of opinions on what affects the price of oil. Some even ignorantly blame the government for this- opinions which i find totally laughable and idiotic. It is the oil speculators who dictate the price of oil...

2 responses

Hillary Clinton wants to destroy OPEC...

dragon54u @dragon54u (31633) • United States 8 May 08

You can see the story here: http://www.politico.com/blogs/bensmith/0508/Clinton_OPEC_can_no_longer_be_a_cartel.html She seems to think that she can break up a foreign business that we have let control us for decades. I'm not...

clinton

gasoline

opec

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1 person

With crude oil at a record high of $120 a barrel,

scorpiobabes @scorpiobabes (7225) • United States 6 May 08

analysts are predicting $5 a gallon for gas soon. Why do you think that our gas prices keep going up? And do you think that by not paying federal gas tax this summer will make that much of a difference?...

gas is ridiculously high

5 responses

High cost of fuel causing rise in starvation

its-logos-plus-logic @flowerchilde (12529) • United States 29 Apr 08

If oil prices (thus all transportation of all goods) are detrimentally influencing most of the world and contributing to a global food crises, should Opec and oil producing nations contributing to this be penalized in some way?

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3 people

Costly Taveling Now

webeishere @webeishere (36313) • United States 2 Nov 07

Well after driving over 300 miles the other day the cost to do this wasn't all that bad. Now the gas here in Minnesota is up to $3.11 a gallon. I have paid as high as $3.15 earlier this year. Now with the cost of a barrel of crude...

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2 people

Can oil price below 90$ ??

bing2boys @bing2boys (7) • Indonesia 1 Nov 07

The oil prices is getting higher and higher, why it happend?? can the oil petroleum (OPEC) manage the price so it can reduce the price below 90$ ?

oil

opec

price

3 responses

OIL - OPEC - The law of supply and demand.

redyellowblackdog @redyellowblackdog (10629) • United States 5 Sep 07

Ever wonder how it is that the world price of oil is at least partially determined? It is indirectly controlled by the producers who decide the supply. We the consumers control the demand. It is an interactive symbiotic...

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1 person

Wanna Hurt OPEC.

totty1969 @totty1969 (1468) • United States 13 May 07

Surfing through websites today, I found that MySpace members are boycotting gas stations on May 15, 2007 which is this comming Tuesday. The last time that MySpace members boycotted gas stations OPEC lost sales of over 2 BILLION...

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3 people

Will crude oil prices rise further. If yes, which oil companies would u favour

unadar @unadar (39) • India 10 Dec 06

I would favour Exxon Mobil(XOM) & Petrobras(PBR)

1 response

does Oil barrel price will increase in coming days?

sachinbhinge @sachinbhinge (502) • India 3 Nov 06

does Oil barrel price will increase in coming days? one wonders what i have to do with it. But here price of petrols is directly proportional to Oil barrel price in OPEC. So is there ant chance its getting down in coming time?

2 responses