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OPEC UNHAPPY WITH OIL PRICE SURGE
10:04, Thursday, May 22, 2008
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OPEC chief Abdala El Badri on Thursday said members were unhappy with surging prices he blamed on speculators and a weak US dollar.
"We are not very happy with this increase in oil prices," said El-Badri during a visit to Ecuador.
"Volatility has nothing to do with the fundamentals. It has nothing to do with world demand," he said, stressing that a dropping dollar was driving prices higher.
"The price was at 130 dollars and today is at 135, so it's really a crazy market," he said
Link to rest of article below
http://www.breitbart.com/article.php?id=080522181940.v0s5g6bv&show_article=1
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08:19, Friday, May 23, 2008 .. Posted by CandyFooteI have just spent the last hour or so going over your blog. I love it!
I really enjoyed the posts concerning the pantry.
Candy
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