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Author Topic: OPEC Rift Emerging Over Iraq Output, Possible Return of Iran Back to Topics
BurntOrange

Champion Author
Austin

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Message Posted: Nov 30, 2013 12:12:43 AM

ensions are emerging within the Organization of the Petroleum Exporting Countries over which member countries should trim oil production to make room for a resurgence in Iraqi exports and the possible return of more Iranian crude to world markets if sanctions are eased.

There is no expectation of a decision to cut back at the OPEC cartel's meeting in Vienna on Wednesday. The group of 12 of the world's largest producers, though long riven by squabbling, has kept its overall production ceiling at 30 million barrels a day since December 2011.

OPEC expects overall demand for its crude to drop by about 300,000 barrels a day next year and some members are pushing to trim output, according to people familiar with the debate.
Visit Wall Street Journal for full article
REPLIES (newest first) Post a Reply
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OKRifle
Champion Author Oklahoma City

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Message Posted: Dec 7, 2013 1:05:24 AM

Perhaps they will wipe each luthier out
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honda0105
Champion Author Tallahassee

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Message Posted: Dec 3, 2013 5:51:00 AM

OPEC is no longer the force it used to be.
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OKRifle
Champion Author Oklahoma City

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Message Posted: Dec 2, 2013 10:06:10 AM

Hiss upon them all!
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DanMtz
Champion Author Oakland

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Message Posted: Dec 1, 2013 11:15:05 AM

Are they arguing over what lies they're telling each other?
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gbs1
Champion Author Minnesota

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Message Posted: Dec 1, 2013 3:24:49 AM

Nice to see they have problems.
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SkooterG
Champion Author Phoenix

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Message Posted: Dec 1, 2013 1:56:37 AM

Oh, that's too bad. NOT!
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mlmeng
Champion Author Michigan

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Message Posted: Dec 1, 2013 12:21:01 AM

"OPEC Rift Emerging Over Iraq Output, Possible Return of Iran "

Couldn't happen to a more deserving organization.
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Zonk
Champion Author Michigan

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Message Posted: Dec 1, 2013 12:20:33 AM

Let OPEC work it out.
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crreed1
Champion Author West Virginia

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Message Posted: Dec 1, 2013 12:20:21 AM

old news
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flyfast
Champion Author Kansas City

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Message Posted: Dec 1, 2013 12:15:35 AM

IF WE DRILL MORE OF OUR OWN OIL THEY CAN GO SUCK A EGG
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bikechuck
Champion Author Indianapolis

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Message Posted: Dec 1, 2013 12:15:10 AM

Hope this Kerry treaty with Iran doesn't blow up in our faces.
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ThunderBird89
Champion Author Columbus

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Message Posted: Dec 1, 2013 12:15:01 AM

can not even feel sorry for the whole lot of them
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FusionCa
Champion Author San Diego

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Message Posted: Dec 1, 2013 12:12:56 AM

OK?
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boatfloyd
Champion Author Jacksonville

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Message Posted: Dec 1, 2013 12:12:06 AM

They need the money, so will they cut production?
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unicornpmb
Champion Author Buffalo

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Message Posted: Dec 1, 2013 12:10:45 AM

Yea. Too bad.
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mfeldstein
Champion Author Ottawa

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Message Posted: Dec 1, 2013 12:10:01 AM

The more stays in the ground the better.
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rawdog1313
Champion Author Lexington

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Message Posted: Dec 1, 2013 12:09:03 AM

Whatever
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bolobill
Champion Author Michigan

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Message Posted: Dec 1, 2013 12:05:40 AM

ok
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speedraider
Champion Author Orlando

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Message Posted: Dec 1, 2013 12:05:11 AM

don't care
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Shotobee
Champion Author Wisconsin

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Message Posted: Dec 1, 2013 12:04:41 AM

Good.
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Methodist
Champion Author Indiana

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Message Posted: Dec 1, 2013 12:00:37 AM

k
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Sapper08
Champion Author Indianapolis

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Message Posted: Dec 1, 2013 12:00:02 AM

Screw OPEC.
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HA4CNN
Champion Author Toronto

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Message Posted: Nov 30, 2013 11:59:15 PM

Here we go again.
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CityCouponer
Champion Author New Orleans

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Message Posted: Nov 30, 2013 11:55:50 PM

OK
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lin95688
Champion Author California

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Message Posted: Nov 30, 2013 11:55:01 PM

everything is possible
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vwilsonskis
Champion Author New Jersey

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Message Posted: Nov 30, 2013 11:54:21 PM

Ok
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sleuth696
Champion Author Nashville

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Message Posted: Nov 30, 2013 11:52:56 PM

OPEC has a rift...let me get the kleenex
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mstearno
Champion Author Dayton

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Message Posted: Nov 30, 2013 11:51:51 PM

bad deal
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NemoIL
Champion Author Illinois

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Message Posted: Nov 30, 2013 11:48:14 PM

Could this have any thing to do with the secret deal obama made with them that allows them to continue building an atomic bomb and removes the sanctions? Wake up America.
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SavALot
Champion Author Virginia Beach

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Message Posted: Nov 30, 2013 11:48:10 PM

Return of the dark side?
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unclenorman
Champion Author Tampa

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Message Posted: Nov 30, 2013 11:45:33 PM

a
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THX138
Champion Author San Francisco

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Message Posted: Nov 30, 2013 11:43:25 PM

k
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jnseyeongas
Champion Author Milwaukee

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Message Posted: Nov 30, 2013 11:37:18 PM

ok
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cutter1330
Champion Author Oklahoma

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Message Posted: Nov 30, 2013 11:35:56 PM

Let'em produce all they want!
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X5driver13
Champion Author Oregon

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Message Posted: Nov 30, 2013 11:31:50 PM

Down with OPEC!
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MikLamb
Champion Author Texas

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Message Posted: Nov 30, 2013 11:30:17 PM

Ok by me. Just remember, do not believe anything OPEC says. Anything.
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DrLyon
Champion Author Michigan

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Message Posted: Nov 30, 2013 11:28:01 PM

Ok...
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morris53659
Champion Author South Bend

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Message Posted: Nov 30, 2013 11:27:53 PM

It's about time,opec is getting nervous.
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Medic55
Champion Author Columbia

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Message Posted: Nov 30, 2013 11:27:39 PM

Screw OPEC and the camel they rode in on.
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skb69sa
Champion Author San Antonio

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Message Posted: Nov 30, 2013 11:24:50 PM

Screw the OPEC and make it irrelevant in today's world.
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bvrbill
Champion Author Eugene

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Message Posted: Nov 30, 2013 11:24:35 PM

Will the rift drive up pump prices?
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MustangRacing
Champion Author Virginia

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Message Posted: Nov 30, 2013 11:23:46 PM

ok
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BREW9
Champion Author Tampa

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Message Posted: Nov 30, 2013 11:21:48 PM

ok
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Robert44
Champion Author Columbus

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Message Posted: Nov 30, 2013 11:19:25 PM

Whatever? !?!?
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Nov 30, 2013 11:16:21 PM

Very good post by rocky23hy!!!! Pump prices still too high!!!!
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abcdMA
Champion Author Worcester

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Message Posted: Nov 30, 2013 11:16:05 PM

It's hard for the ZOPEC nations to cut production
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LJDJ
Champion Author Fort Worth

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Message Posted: Nov 30, 2013 11:14:42 PM

ok
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STLCARDSNATION
Champion Author Illinois

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Message Posted: Nov 30, 2013 11:12:09 PM

ok
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rouxnthehouse
All-Star Author South Bend

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Message Posted: Nov 30, 2013 11:11:58 PM

ya,ok.
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Ferdman17
Champion Author Albany

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Message Posted: Nov 30, 2013 11:10:38 PM

Old news
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rocky23hy
Champion Author Massachusetts

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Message Posted: Nov 30, 2013 11:03:40 PM

If OPEC cartel was in the US, it would be in violation of the law.

They need to compensate us for all the money they illegally took from us.

[Edited by: rocky23hy at 11/30/2013 11:06:05 PM EST]
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