Hey OPEC! You want 150 dollar oil? Heres what you should do!

Discussion in 'Economics' started by peilthetraveler, Nov 14, 2008.

  1. Cut production and only export 1 barrel of oil per day and maybe then we will give you 150 bucks for it. That'll show us infidels, and you will finally get the price you want!
  2. I bet the price could easily go to $300-400 a barrel if they did that. This would be the true test for what people around the world would be willing to pay.