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The governments in it could force the price of oil and gas lower by threatening to cut off one of the OPEC countries' main money supplys.

2006-10-30 13:24:10 · 8 answers · asked by dil.pill 2 in Politics & Government Other - Politics & Government

8 answers

Marlon Brando was in a movie called The Formula in which he played the head of Exxon. He was asked by his aide why the Arabs didn't do something about oil, and his reply was "when are you going to understand that We ( Exxon ) are the Arabs." The Bush family is part of the Carlyle Group which is in the oil business with the Arabs. These Big Boys in the world that control oil as part of their power base, have no desire to counter OPEC! They want the price right where it is to secure their profits. When everyone learns of this, there will be hell to pay. This is part of the big lie.

2006-10-30 13:26:10 · answer #1 · answered by michaelsan 6 · 0 1

Cut off their money supply how? By refusing to buy any oil? Not too practical. And you don't seem to understand OPEC as an organization as it was originally developed in the early '70s. It is a mutual support group. If you try and dictate terms to one member, the others will slam you.

The only way to off set OPEC is to develop alternative energy supplies and reduce oil demand. Of course, I have always wondered why we didn't start increasing the price of the food these countries purchase at the same rate they increase their oil. Yes, I know...it's un-American and inhumane. Still, food for fuel sounds like and alternative energy plan to me.

2006-10-30 21:33:08 · answer #2 · answered by iraq51 7 · 1 0

While not an alliance, Mexico slammed OPEC last month when asked to raise the price of oil to match OPEC.

And the fruitcake in Venezuela, discounted oil for the poor...for the winter.

2006-10-30 21:31:22 · answer #3 · answered by Anonymous · 1 0

first off... it's a cartel, so it's not supply and demand... go take an economics class to the guy that was saying that...

second... we need to play economic hardball (just like we do with everyone else)... make deals with oil countries to break up the cartel... make exclusive deals for lower prices, maybe even throw in a few perks to break it up...

of course... we seem to be closest to the Saudis... and they are the main fellows in OPEC... so it seems we've chosen our allies in a very "un-American" way, since we're best friends with those that blatantly restrict supply to drive up price... (that's what a cartel does)...

we elect oil men and then are surprised that the oil prices go up? econimics is much more complicated that just "supply and demand"...

2006-10-30 22:29:36 · answer #4 · answered by Anonymous · 0 0

There is, it's the Texas Oil Cartel which daddy Bush is a member in good standing along with Dick Cheney.

2006-10-30 21:27:31 · answer #5 · answered by Anonymous · 1 1

The Organization for Economic Co-operation and Development (OECD) maybe...


http://en.wikipedia.org/wiki/OECD

2006-10-30 21:35:27 · answer #6 · answered by Jose R 6 · 0 0

Such as...BUSH declaring war???
We see how well that works....

supply and demand--they got supply--we got demand..we paid...

when we get out of Iraq---get ready--we will really pay>>>>>>>

2006-10-30 21:27:49 · answer #7 · answered by cork 7 · 1 2

There is ... its called Haliburton and Cheney

2006-10-30 21:27:08 · answer #8 · answered by Debra H 7 · 1 1

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