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Thursday, December 13, 2012

U.S. Oil Gusher Deals Blow to OPEC

U.S. Oil Gusher Deals Blow to OPEC

Walter R. Mead, American Interest
The members of OPEC meet in Vienna this week with nothing major to discuss. Despite economic uncertainty and political turmoil in the Middle East, oil prices remain over $100 per barrel, and production has not wavered far from the quota of 30 million barrels per day in quite some time. . .http://blogs.the-american-interest.com/wrm/2012/12/12/us-energy-boom-deals-blow-to-opec/

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