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Old 04-30-2008, 06:09 PM
TMAllison TMAllison is offline
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Join Date: Feb 2004
Location: Walnut Creek, CA & 1,150 miles S of Key West
Posts: 4,874
OPEC (and traders) establishes the price of crude.

What Exxon, BP and the other Western companies pump is a drop in the bucket. They do benefit of course; they also suffer, such as when oil was at $10-$15 a barrel for most of the 80's until the mid 90's.
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Terry Allison
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