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re: OPEC agrees to production cut
Posted on 9/29/16 at 7:54 am to EngineerOnDemand
Posted on 9/29/16 at 7:54 am to EngineerOnDemand
quote:
OPEC Agrees to Production Cut
In addition to the other mitigating factors already mentioned here (Iran, US swing production, OPEC members that cheat...) we also have Libya ramping up production for the first time since 2011.
Iran, Nigeria, and Libya are exempt from the agreement. Reported production target is 32.5 down from 33.5, so that can easily be made up by the exempted countries as well as other non-OPEC countries.
0
Posted on 10/4/16 at 3:48 am to Overbrook
quote:
Domestic oil is heavily subsidized by the taxpayers
What in the frick is this nonsense?
Posted on 10/4/16 at 5:54 am to DanielLee5
Read your owners manual. Find the API spec for engine oil or transmission fluid. Write it down on a little piece of paper. Bring this little piece of paper to the auto supply store. By some.
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