http://ibloga.blogspot.com/2008/12/opec-worried-members-need-dough-will.html Tuesday, December 23, 2008 OPEC worried members need dough ... will not honor cuts ..where's my violin? ABU DHABI -- OPEC has become concerned that its members may not comply with a decision to reduce crude oil production by 4.2 million barrels per day. anim-hog-sad-violin-cry.gif <http://vwt.d2g.com:8081/anim-hog-sad-violin-cry.gif> Officials said the 13 members of the oil cartel were hurting from the sharp drop in prices and needed to maintain revenues for military and civilian programs. They said compliance with OPEC decisions in September and October 2008 -- which called for a two million barrel per day cut -- was no more than 50 percent. "There is commitment in general to agreed [production] levels but there is a need to enhance it," Kuwaiti Oil Minister Mohammed Al Olaim said. laugh_toothless.jpg <http://vwt.d2g.com:8081/laugh_toothless.jpg> Al Olaim urged his fellow OPEC ministers to implement a decision on Dec. 17 to reduce oil production by 2.2 million barrels per day. The cut was scheduled to take effect in January 2009. [Non-text portions of this message have been removed] ------------------------------------ -------------------------- Want to discuss this topic? Head on over to our discussion list, [email protected]. -------------------------- Brooks Isoldi, editor [email protected] http://www.intellnet.org Post message: [email protected] Subscribe: [email protected] Unsubscribe: [email protected] *** FAIR USE NOTICE. This message contains copyrighted material whose use has not been specifically authorized by the copyright owner. OSINT, as a part of The Intelligence Network, is making it available without profit to OSINT YahooGroups members who have expressed a prior interest in receiving the included information in their efforts to advance the understanding of intelligence and law enforcement organizations, their activities, methods, techniques, human rights, civil liberties, social justice and other intelligence related issues, for non-profit research and educational purposes only. We believe that this constitutes a 'fair use' of the copyrighted material as provided for in section 107 of the U.S. Copyright Law. If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtmlYahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/osint/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/osint/join (Yahoo! ID required) <*> To change settings via email: mailto:[email protected] mailto:[email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
