Oil prices continue to slide to nearly a 5 year low as Americans are paying about $1 Billion Dollars less a day than we were in July.
While OPEC has cut production as it attempts to stop the steep decline in oil prices, members have a history of ignoring quotas in their own efforts to boost sales and profits.
As the world wide recession continues, one must ask themselves how much of the economic downturn was a result of the greedy OPEC Oil Chiefs who manipulated prices, forcing Americans to spend more than $4.00 a gallon for gasoline earlier this year.
Serves them right---one can only hope that the OPEC Bandits, may now have to drink their oil and eat their sand.
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