Thread: Maxine Waters
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Old 05-28-2008, 04:30 PM   #9 (permalink)
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Default Re: Maxine Waters
Originally Posted by FloggingSully View Post
OPEC doesn't set the price of crude, supply and demand sets the price.
Well, yes and no, OPEC sets the output and thus controls the supply. They can also agree to lower prices even independent of output.
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