OPEC...... I said it to Hotfire yesterday that I didn't think they'd cut. OPEC are being advised by the same strategy consults as RIO and BHP. "Now is your chance to kill off the competition".
The good news for people who eat is that world soft commodity prices should fall because corn and sugar will no longer be diverted to energy production. Bad news for farmers and hence Australia. Bad news also for Australian motorists as the price of oil could fall below $10 and yet we'd still be paying $1.50 a litre.
This is Serious.... - Friday, page-4
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