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Opec Quotes

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Opec Quotes

“She lifted me back into the seat with a wicked grin, and breathed, 'Just don’t stop talking. Whatever you do, just don’t stop talking,' and swallowed my manhood. I scrambled desperately through the darkened corners of my memory until I couldn’t take it anymore. I grabbed her by the hair and said, 'Now bend over, and I’ll do to you what the Organization of Petroleum Exporting Countries wants to keep the Federal government from doing to the state of Alaska.”

HumorPoliticalLibertarianAlaskaOral SexAnal SexOpec
Book:Indecision Now! A Libertarian Rage
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“These acts recall the 1971–72 “Chicken War” between America and Europe, and the grain embargo that quadrupled wheat prices outside of the United States. It was this embargo that inspired OPEC to enact matching increases in oil prices to maintain terms-of-trade parity between oil and foodstuffs. The “oil shock” was simply a reverberation of the U.S. grain shock.”

OpecSuper ImperialismChicken WarGrain EmbargoOil Shock
Book:Super Imperialism: The Origin and Fundamentals of U.S. World Dominance
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“I said earlier [2015] year that I thought we'd get to 10 or 20 bucks [per barrel ] because that's the marginal cost, and when you're in a price war, it's the marginal cost that determines the price.It is a price war because basically the OPEC reason did not cut production in their November 2014 meeting was that they got tired of cutting production and having American frackers and Russians et cetera grab market share.”

YearsSaidWarReasonCuttingShareCostTiredMeetingsDetermineProductionsBucksNovemberBarrelsOpec
Author:Gary Shilling
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“OPEC production went from 30 million barrels a day to 33 million. They flooded the market, and it's lost them a lot of money. Look at the Saudis: they just floated a $17.5 billion debt offering, they earlier borrowed $10 billion from a group of international banks; they're selling part of Aramco - they're desperate for money.”

LooksLostMillionsGroupsInternationalProductionsDebtBillionsSellingDesperateOfferingLots Of MoneyBorrowedSaudisBarrelsOpec
Author:Gary Shilling
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