DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Saudis cut oil output by 1 million barrels a day to raise prices

**cokLoolioli** · 01-31-2007, 10:45 PM

A Saudi's gota do what a Saudi's gota do! Raise oil prices, wooohooo!

They cant actually "raise" prices. Those are controlled by the futures market. All they can do is control supply.

01-31-2007, 10:45 PM	#36
cokLoolioli Join Date Oct 2005 Posts 562 Senior Member	A Saudi's gota do what a Saudi's gota do! Raise oil prices, wooohooo! They cant actually "raise" prices. Those are controlled by the futures market. All they can do is control supply.
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