[Suave]

Originally Posted by Red Mile Style

I read about this on another website, but apparently after two or three quarters of oil under $60 the Alberta economy would be severely threatened. Which leads to ideas that perhaps OPEC is purposely doing this to kill the boom (in Alberta and other places in the world).

So you are saying that OPEC is bringing down the price of Oil so that it kills off oil projects in non-OPEC countries? So the fact that this year there were no major hurricanes, a warmer winter so far, increased production and reduced demand in the United States, isn’t the reason why Oil isn’t over $70 anymore. Rather it’s because OPEC is actually driving down the price, you know, with all of their recent production cuts. And here I thought they were doing that to try and keep the price of oil up.