Search Results for: opec

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OPEC Thinks You're Not Paying Enough For Oil

A Barrel of oil in July cost $150, and now it costs $75. While this sounds good for us, OPEC isn't happy.
Opec Agrees Record Oil Output Cut

The oil producers' cartel Opec has agreed to make a record cut in output, slashing 2.2 million barrels per day (bpd) from its current supply.
Oil Company Makes Record Profits But Still Wants To Charge You More

While the economy is going down the drain, the oil companies are raking in record profits.
World's Most Valuable Resource, A Curse For Most Nigerians

The battle is over oil -- one of the world's most valuable resources. But to most Nigerians -- oil is a curse.
Stimulus and Energy

Natural gas is not a permanent solution as a transportation fuel. It is the bridge to reduce our dependence on foreign oil by up to 50 percent.
Exxon Mobil Reports Record $45.2 Billion Profit For 2008

Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company.