OPEC trying to give us a new oil shock?

[oecher3]

http://story.news.yahoo.com/news?tmpl=story&cid=580&e=4&u=/nm/20050121/bs_nm/energy_opec_dc

<...>
"OPEC fears prices could fall heavily in the second quarter if stocks build excessively. Concern over rising inventories already spurred the group to cut 1 million barrels per day (bpd) of excess supply from January 1.

OPEC's cuts have helped drive a renewed oil rally this month, putting prices well above the $40 level that some ministers have identified as a possible price floor. U.S. crude was up $1.39 at $48.70 a barrel on Friday." <...>

SO, now it seems like we are on the way to invade Iran and OPEC sends us this signal. Further down the article says how North America and North Sea have problems with production. Any ideas as to why?

Is this a foreshadowing that our economy won't do so well with continuously high oil prices?
But we have bigger and more gasoline-guzzling cars than ever. Detroit is building like in the 70s in the wrong direction! Where are here the economy cars with good engines. Hybrids are not for fuel-efficiency but for stronger engines, with few exceptions!

[PROGRESSIVE1]

1. kick

[oecher3]

3. kick what? :D

[orpupilofnature57]

2. Trickie dicks dirtiest trick, taking the lid of the barrel,Deregulation ha