Now that the Saudis have managed to keep their man in power...

[pixelthief]

http://www.reuters.com/printerFriendlyPopup.jhtml?type=businessNews&storyID=7456617

"As oil prices firmed, Saudi Arabia's oil minister, Ali al-Naimi, said on Thursday the Organization of Petroleum Exporting Countries did not need to cut production at the cartel's meeting on Sunday.

"One needs to wait until we get closer to the second quarter, possibly in the March meeting, possibly after. It just depends," he told Reuters in an interview on the sidelines of the World Economic Forum in Davos, Switzerland.

Naimi's comments were the first indication of Saudi Arabia's stance heading into OPEC's ministerial meeting in Vienna. The group agreed last month to withdraw 1 million barrels per day, effective Jan. 1, to bolster prices.

Crude prices are up 13 percent for the year after winter finally hit hard in the U.S. Northeast, the biggest heating oil market in the world."

[SnoopDog]

1. Here I thought you meant Bush...

[pixelthief]

2. I did n/t

[Amaryllis]

3. I am missing the connection to election issues?