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Actually, though, OPEC is pretty level headed about where to keep their pricing. If they wanted to price gouge, they certainly could.
As I understand it, what is driving the price up is speculation and the emergence of China as an industrial nation.
I don't think they (OPEC) want other nations looking very hard at alternative energy sources -- and there's a finite amount of oil left in the world.
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Fraternally,
DeltAlum
DTD
The above is the opinion of the poster which may or may not be based in known facts and does not necessarily reflect the views of Delta Tau Delta or Greek Chat -- but it might.
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