Wall Street Journal- November 13, 2008
It's funny that I read this article the day I did because a friend told me they filled up their car for $1.80 for gas. I said to them "I bet the Arabs are upset." Then I read that the Iranians were hurting sevearly from the drop in the price of crude. $56 a barrel really hurts planning a budget when prices only three months ago hit $147. OPEC will face some serious difficulties in the coming years because of fluctuating oil prices. The market is so volatile that there could be some great trouble in countries providing for their people.
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