Controlling global economic expansion or just plain greedy? OPEC president says he favors cutting oil output: "I would prefer in this situation to lower production because demand globally is going to be lower..." Interesting concept, but one that I bet is wrong. It reads like upside down supply-side-economics. Increased supply fuels demand, therefore, reduced supply reduces demand.

By reduction of demand, you just mean that the poorer nations can't afford it. Ok--great. Good humanitarian effort you've go going on there...

You guys think that the liberals will get their heads out of the sand and realize that we need to increase energy production? (Or will they use this as a means to an end to control the masses?)

I find it incredible that China (rather than us) are drilling for oil in the Gulf...