Politicians and Election, Vote in Freedom, Actively Participate in Democracy, Vote for Change, Online referendum
OPEC

No shortage of crude oil by OPEC

OPEC 29%

button ElectionsMeter.com

It takes a price increase

 

There is a lot that we can do to curb speculation, but the claim that rising gas prices are not based on supply and demand is simply not true [“OPEC: No shortage of crude oil in market,” Business, April 19]. Speculators only magnify and quicken the effects of supply and demand.

 

In this case, the cutoff of Libyan oil was almost 2 percent of the world supply and OPEC’s spare capacity urned out to be a mirage.

 

Dick Burkhart, Seattle

 

Read more: The Seattle Times (April 25, 2011)


martina -
Flag it!no spam

ElectionsMeter is not responsible for the content of the text. Please refer always to the author. Every text published on ElectionsMeter should include original name of the author and reference to the original source. Users are obliged to follow notice of copyright infringement. Please read carefully policy of the site.

Back to poll: > global > Organisation > OPEC
 
load menu