Let me explain: OPEC( Organization Petroleum Exporting Countries) - TopicsExpress

Let me explain: OPEC( Organization Petroleum Exporting Countries) which are many from the Middle East Countries are dropping barrel of oil prices / at one time it was $100+ a barrel recently going under $50 a barrel. Thus the Reason for lower gas prices. How low can we go? We can go low but its going to cost us in our pocketbooks if its our livelihood. Everyone will eventually be effected. Why do they go lower and lower. My theory is simple they want us to fail. We pay really good wages in the USA. Middle East pays good to Americans for their expertise on oilfield work, all others locals its peanuts. We have expensive technology which cost $$$$ to maintain . So next time you are excited how low gas prices are think of the economy and livelihood of our Texans especially in Alice . Just saying. Garza

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