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	<title><![CDATA[While The World's Economies Are Reeling, OPEC Wants Us To Pay More For Oil]]></title>
	<url>http://www.huffingtonpost.com/raymond-j-learsy/while-the-world-economies_b_134075.html</url>
	<abstract><![CDATA[<p>In November of 1999, in a speech to the Houston Oil Forum, Saudi Oil Minister Ali al-Naimi bragged that the "all inclusive" cost to the Saudis to produce a barrel of oil was less than $1.50 a barrel. Costing $1.50 then you can make your own extrapolation as to what it may cost today. My estimation is it is less than three dollars today, and probably a lot less. My reason for putting forward this tidbit of information is to...</p>]]></abstract>
	<taxonomy><![CDATA[Business]]></taxonomy>
	<date_published>2008-11-13T05:12:00-05:00</date_published>
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