Running out of Gas...Tell Your Congress OPEC's To Blame!
|
Posted By: Jimmy Plymouth on September 23, 2008 VIENNA: OPEC ministers on Wednesday agreed to change their production ceiling to 28.8 million barrels per day, a move that officials said should effectively cut production by 520,000 barrels a day, or about 1.8 percent, from July levels. "Since the market is oversupplied, the conference agreed to abide by September 2007 production allocations adjusted to include new members Angola and Ecuador and excluding Indonesia and Iraq, totaling 28.8 million barrels per day, levels with which member countries committed to strictly comply," OPEC said in communique. **** prices clawed back deep early losses to climb $1 Wednesday after the announcement. Earlier in Asian trade, U.S. crude for October delivery had fallen more than $1 to a session low of $102.06 a barrel, near the five-month low it hit after a steep slide the previous day. OPEC had been widely expected to maintain current production targets at its meeting in Vienna, although some ministers had advocated tighter compliance with formal limits by members who were overproducing their targets. If you enjoyed this article, Join BlackInAmerica.com today for similar content and opportunities via email! |
Comments
|
Update.....as of Friday of last week OPEC has decided to cut back to 1.5 million to 1.8 million barrels a day ! Get ready for Gas to Hit the Roof! You've been wanrned http://traverus-traverus.com your plan B and Plan C! Friday, October 31st 2008 at 2:35PM |
More From This Author
Latest Blogs
 |
Here's An Interesting Thought Here’s An Interesting Thought
Junious Ricardo Stanton
Here’s an interesting thought, what if the Iran War, was actually a vehi ...more
Junious Stanton • 15 Views • March 20th, 2026 |
 |
HOW CLYBURN ON SMALLL BUSINESS ENTRPENEUR INCUBATOR CTRS, FLOTUS MAKES HISTORY, KING CHARLESS III COMMONWEALTHFor Immediate Release From Kingdom-Levine-Oliver Publisher, Inc.!
1) CONGRESSMAN JAMES CLYBURN – CHIEF OF GULLAH-GEECHEE NATION NEWS: “Small Business
Entrepreneur Incubator ...more
agnes levine • 182 Views • March 17th, 2026 |
 |
Alabama State University to Host Open House for Montgomery Interpretive CenterAlabama State University, through its National Center for the Study of Civil Rights and African-American Culture, in conjunction with the National Park Service, will host an Open House for the Montgom ...more
Reginald Culpepper • 268 Views • March 17th, 2026 |
 |
HOW COLLEGE PROMISE INTRODUCES LEARNING COMMUNITY, HELP TO THRIVE DURING UNSURE FEDERAL AID, COLLEGE PLAYBOOK.For Immediate Release From College Promise!
What’s New at College Promise
Introducing the College Promise Learning Community (CPLC)
With support from The Kresge Foundation https://kresge.or ...more
agnes levine • 451 Views • March 14th, 2026 |
 |
HOW ODEP SUPPORTS GENERATION Z WORKER'S MENTAL HEALTH, NATIONAL APPRENTICE WEEK (NAW) APRIL 26 - MAY 2, 2026!For Immediate Release From U.S. Department of Labor Office of Disability Employment Policy!
Many of today’s younger workers—Gen Zs born between 1997 and 2012—grew up more comfortable talking ab ...more
agnes levine • 572 Views • March 13th, 2026 |
Popular Blogs
 |
Divorce in America in 2009 – What’s love got to do, got to do with it?
Join Brother Marcus and the cast and the crew of the Brother Marcus Show live this Sunday evening on February 1, 2009 @ 8:00 p.m. for another hot topic in our community! “Divorce in America in 2009 ...more
Brother Marcus! • 70,924,007 Views • January 27th, 2009 |
 |
VISINE ALERT!!!Seemingly innocent medication such as Visine eyedrops are used by people to concoct a mixture with similar effects as a date-rape drug.
When mixed with alcohol and taken orally, the eyedrops can l ...more
Siebra Muhammad • 118,704 Views • May 23rd, 2009 |
 |
Walk with me ''SCHOLARSHIP'' by DAVID JOHNSON STUDY of religion at the highest levelWELCOME to BLACK HISTORY by DAVID JOHNSON and friends !!
IF YOU WANT TO KNOW ABOUT Christians Muslims Buddha and any other RELIGION...! history note !
1400's or700 AD
what was the religi ...more
DAVID JOHNSON • 106,003 Views • October 26th, 2010 |
 |
The Surprise WeddingOn June 7, 2013, Ryan Leak proposed to his girlfriend. Her dream was to get engaged and married on the same day, and so later on that night... He had planned her surprise dream wedding.
We have al ...more
How May I Help You NC • 104,441 Views • October 1st, 2017 |
 |
Famous Quotes Rotating Header Image Mind your own Business Quotes LMAOOUT OF ALL THE THINGS TO DO HERE ON BIA
WHY BE A SIDELINE HATTER ? THEN BECAUSE YOU CANT HANDLE THE TRUTH YOU WANT TO RUN AND CALL MAMA ! BOOOOOO HOOOOOOO THIS IS FOR YOU !!!!
Thank you for your ...more
DAVID JOHNSON • 85,555 Views • November 3rd, 2010 |
