While I don't enjoy paying 3.75/gal for gasoline, how would you feel if YOU had a product that everyone needed/depended on?
OPEC can do what they may and the consumer will continue to pay (unintentional rhyme). The biggest problem for OPEC is that they have p'ed off a significant amount of people who are now very motivated to explore alternative options for oil. We are closer to realizing the result of this than many of you might think. One of two things is going to happen--oil will run out or society will no longer have a big need for oil. Let's hope one happens in our lifetime.
P.S. Did anyone read a few weeks back that the U.S. is exporting grain to Iran? Our chance to gouge them back!
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