OPEC Does Have It's "Act Together", And SAUDI ARABIA Has Decided To Not Cut Out Put, Further, Because, It Is Becoming Obvious That Cut Backs, Agreed To By Others, Are Not Happening, Or Changing The REAL Market Price Of Crude Oil.
SAUDI ARABIA Will Not Continue To CUT OUT PUT, As Others INCREASE OUT PUT.
As CRUDE OIL Remains In The 50.00 Dollar Range, And World Wide Demand Is Likely To Decrease Into The Next 2 Quarters, Attempts To Manipulate The MARKET PRICE, Are Not Expected To Have Much Impact. The CRUDE OIL MARKET Is Out Of Balance, And Market Influences Will Find it's Current Price.
EMIL J KOVACH JR

Every oil economy on the globe is hurting a bit - including our own, but you somehow feel compelled to repeat the fiction that Venezuela's is hurting in some bigger way.

Is Venezuela's hurting more that others? No, it's not. They have substantial cash reserves, and they make money at $50.

The CIA and the American media might wish it were otherwise, but that does not make it so.

10 straight years of this idiotic anti-Venezuela lunacy. What's the reason for it? For having a better voting system than our own? For having a vibrant democracy? For having a leader who was willing to tell the world that GWB is stupid?

For those who are crazy enough to actually believe ultra-low oil prices are good for the economy, how many holes do you think are going to be drilled to meet future demand? Not many. The whiplash from this is going to sting future growth.

Go to Venezuela and tell me if they have a "vibrant democracy".

oil (BARRELL) IN THE NEAR FUTURE set at 40s dollars, dollar will be at parity whith the euro liket or not.

This makes sense because the Saudi's have major investments in numerous western companies. Raising crude prices would actually HURT many of those investments.

Iran and Venezuela have little or no investments.... think about it.

Go to Venezuela and tell me if they have a "vibrant democracy".


Every election in Venezuela is observed by impartial international groups. They place 100s of observers at polling places all over the country. They have found almost nothing to complain about.

They described the openness and fairness of the recent election as "dazzling".

You believe what you believe because your government and your media have decided to lie to you at every turn about what is going on in Venezuela.

It's just hilarious. A alleged want-to-be dictator holds an referendum to allow him to be elected for life. The polls indicate the election is tight. That is an easy situation for a strongman to exploit. All he has to do is cheat a little, undetectable, and he wins.

So he loses in a perfectly open and fair election. He loses. He doesn't steal it; he loses it.

How the heck do you Venezuela bashers explain that?

THE TRUTH IS WERE BEING ROBBED BY THESE GREEDY AH000. OUR GOVERNMENT DOES NOTHING BECAUSE THEY OWN OUR GOV AND POLITICIANS HAVE THERE HEADS UP THERE BACKSIDES. THE ONE TRUTH OUR GOVERNMENT WANTS US TO PAY THREE TIMES FOR GAS= BLOOD IN THE BUSH LIE WAR-OIL WAR, 2. TAXES, 3. BEING ROBBED A THE PUMPS, GAS SHOULD BE BUCK A GALLON WE HAVE OUR MILITARY AND PAYING 10 BILLION A MON TH TO PLAY GUARD THE OIL. THE TRUTH IS WE DON'T NEED OIL WE ALREADY HAVE THE TECHNOLOGY IN THOSE OIL GOVERNMENT PATIENT OFFICES, ELCETRIOC CARS, EVEN USING HEMP FOR ACRES OF HEMP YOU GET 1000 GALLONS OF MENTHENOL-FUEL FROM A WWED AND THIS WEED CAN GROW ANYWHERE. WE ALREADY HAVE TECHNOLOGY FOR THE ENGINE THAT WILL GIVE YOU 86 TO THE GALLON, BUT YOU GOT TO GET THE OIL COMPANIES OUT OF THE GOVERNMENT, TELL THEM TO SENFD THERE KIDS, AMERICA SHOULD DEMAND EITHER MAKE GAS BUCK OR SEND OUR TROOPS HOME.

Perhaps human greediness has something to do with the colossal failure of so many organizers and managers of the manmade global political economy to address reasonably and sensibly the looming, already visible challenges that are posed by the unsustainability of dodgy financial instruments, fraudulent business models and Ponzi schemes productive of nothing more or less than uneconomic growth.

The great majority of the human community appear to be witnesses to the triumph of avarice that seems to be directly derived from the idolatry of poisonous fruits of the "tree of greed" by many too many leaders.

Maybe it is time for the same ol' business-as-usual, pin-stripe-suited leaders, the ones who adamantly espouse and religiously exemplify an apostate's creed of greed, to be replaced by new leadership.

Too many leaders of this patently unsustainable culture of avarice evidently define the culture's efficacy by the endless accumulation of material possessions; by the unbounded acquisition of more money, money, money, money; by recklessly overconsuming and relentlessly hoarding limited resources. They demonstrably declare to all the world that greed is good.

Are we not members of a culture that worships consumerism? Are the accumulated products of greed more or less than the objects of our idolatry?

Are the pin-striped suits, fleet of cars, chauffeurs, private jets, McMansions, distant hideaways, secret handshakes and exclusive clubs "signatures" of success in a culture promoted by the 'goodness' of greed?

Consider for a moment what perversity greed has wrought.

Steven Earl Salmony
AWAREness Campaign on The Human Population,
established 2001
http://sustainabilityscience.org/content.html?contentid=1176