Tuesday, March 4, 2008

No More Oil Pumping

At a meeting yesterday,OPEC has decided to not pump more oil.  With a low supply and high demand, why would they decide other wise? These oil barons are making a huge profit.  If they pumped more oil they would make less money.  That makes a huge amount of sense to me.

Making money on the backs of hard working people is what these people do.  OPEC has the world's balls in their hands and I don't think any plans of letting go will happen.

This is greed.  But the rich stay rich by doing stuff like this.  There are other organizations that help fuel this like the refineries. It trickles down to the pump price.  And then to top it off you pay a tax on how much gas you consume, so the government is cutting into the profits too.

This does not look good.  But it happens what choice does the poor have against organizations like OPEC.

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