OPEC fails to halt price plunge | smh.com.au.
So, in an effort to keep the price inflated, OPEC has cut back on how much oil they produce.
The greedy mother fuckers.
No mention of cutting back production to look after the environment, or to help those in developing nations afford transport for education and food, no, no. They announced a slash in oil production to boost demand and drive the price up again. For what purpose? Greed.
However, it didn’t work, the price of a barrel fell after the announcement. It appears that people don’t care as the high cost has forced them to find other means of transport.
Laugh.