Comments:OPEC sees US$170 per barrel of oil

Note: OPEC controls the overall quantity of output each member-country can produce. Thus, by controlling supply, prices are controled relatively. The first oil crisis of the US in the 70's can point to one perpetrator: OPEC. The recent limited quantity of current oil production: US regualtion combined with OPEC tightening.


 * That's incredibly insightful of you. --SVTCobra 20:16, 14 July 2008 (UTC)