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Oil Tumbles, Jafar is pissed

As oil continues its epically awesome tumble, $.53 cents in 2 weeks, OPEC scrambles to try to save the only export, outside of terrorism, the Middle East and Venezuela possess.

 

In a desperate move to save oil prices from falling further OPEC members met in Vienna this week to decide what should be done to prop up the price of oil.  Obviously they’re not understanding that oil has cost way to much for way too long. OPEC will probably make a cut in production soon (if they haven’t already) which could impact the quickly dropping price of oil as, “the member nations account for two-thirds of the world’s oil reserves, and, as of March 2008, 35.6% of the world’s oil production.” Russia, Mexico and Norway (non OPEC members) should help to fill in the gaps from lack of production from OPEC.  Yet another reason to get our economy off oil energy.

A spokesman for OPEC, Jafar, pictured below, said in a prepared statement, “allah ak bar.”

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Categories: Business
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2 comments

1 Brendan Breen { 10.27.08 at 9:32 am }

AHAHAHA Jafar. That’s a great movie. Anyway, I have a feeling that the cuts in oil supply this time may not be as effective as controlling price as OPEC thinks. Still think the price will move upwards but won’t get back to $140. Call it a hunch.

2 Sam { 02.19.09 at 11:23 am }

You are racist assholes.