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OPEC Mulls Production Cut
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With oil prices flirting with seven-month lows, OPEC's president said Thursday that the group is considering an emergency meeting to discuss the possibility of cutting output. (USA Today [1], Thursday)
Delusions of market immunity.
FEE Timely Classic
Voluntary and Coercive Cartels: The Case of Oil [2] by David Osterfeld
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/opec-mulls-production-cut/
URLs in this post:
[1] USA Today: http://www.usatoday.com/money/world/2006-10-05-opec_x.htm
[2] Voluntary and Coercive Cartels: The Case of Oil: http://www.fee.org/publications/the-freeman/article.asp?aid=2333
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