Tag Archives: cartel

Oil Production Costs In U.S. Drop To $15 Per Barrel – Watch Out OPEC!

    OPEC (Organization of Petroleum Exporting Countries) is hurting.  Saudi Arabia, its leader, is in deep economic trouble, and their efforts to keep prices high are failing miserably.  For details, see link below: U.S. Oil Production Costs Drop As Low As $15 Per Barrel – Pen Pensamiento Peligroso writes the truth as he sees […]