OPEC Tightens Screw on Oil Restrictions

[Yo_Mama_Been_Loggin]

By Andrew Mitchell and Mona Megalli

VIENNA (Reuters) - OPEC (news - web sites) Wednesday forged ahead with tighter oil supply curbs, deaf to consumer country complaints about crude prices near 13-year highs.

The Organization of the Petroleum Exporting Countries agreed to turn down the taps despite calls from the United States for cheaper fuel.


The Bush administration, in an election year, had pressed OPEC to lift export restrictions to help control prices at the pump and prevent energy inflation slowing economic growth.

-more-

http://story.news.yahoo.com/news?tmpl=story&cid=568&e=2&u=/nm/20040331/bs_nm/energy_opec_dc

[pinniped]

1. Look for Venezuela to fall within the next few months...

Can't let the OPEC cartel fool with chimpy's oil in an election year.

You all saw what happened to Iraq.

[bluestateguy]

2. OPEC wants to force Bush out

High gas prices make people pretty cranky in an election year, and they are reminded of it every time they go to the pump.

[Journeyman]

3. Didn't Bush demand to know which foreign leaders. . .

favor Kerry over him? Well, seems like a small but influential coterie just made their opinions known.

And the fool said, "Bring it on!"