1.0 link 150500 http://www.huffingtonpost.com/raymond-j-learsy/next-weeks-opec-meeting-l_b_150500.html There we go again. Accepting OPEC proclamations as though it was received wisdom from the "Mount." In anticipation of Wednesday's OPEC gathering, we are told by Saudi Oil Minister Al-Naimi that as an example of commitment to its OPEC brethren and their previously prescribed OPEC quotas the Saudi's, last month, pumped 8.49 million barrels a day (thank you Saudi Arabia) "absolutely" in line with its OPEC mandate. The ever obliging industry commentators and talking heads are falling all over themselves...

]]> 2009-01-12T05:12:00-05:00