It is all just a gimmick to get your money. As companies crumble or wait for a bail out from the feds, as people lose their jobs and/or their homes, as more Americans end up shopping at Food Pantries or living in their cars, OPEC is concerned that its members may not be able to buy entire countries next year.
OPEC oil ministers agreed Wednesday to trim overall output by more than 500,000 barrels a day in a compromise meant to avoid new turmoil in crude markets while seeking to bolster falling prices.
Yes, you read this correctly. Bolster.Falling.Gas.Prices.
Now I don't know about you, but $3.64/gallon is not what I call cheapo gas. Yes this is down about $.35 -$.40 from the average high around here several months ago, but it is still up tremendously from the $2.50/gallon it was this time last year.
OPEC is just out to get us and the only alternative is to get away from oil dependance. Not just dependance on foreign oil, but dependance on oil period.
Don't drill in the Gulf. Find another way.