Sunday, January 16, 2011

OPEC, the modern day Islamic Pirates of the World show their stuff..

Iran Officially Assumes OPEC's Presidency
TEHRAN (FNA)- Rotating Presidency of the Organization of Petroleum-Exporting Countries (OPEC) was officially handed to Iran for the first time since the victory of the Islamic Revolution.

Iranian Oil Minister Massoud Mir-Kazzemi had been elected as the head of the Organization in the oil cartel's 157th Regular Ministerial Conference in Vienna, Austria, in October.

Later, Iran's OPEC Governor Mohammad Ali Khatibi told FNA that Iran would officially assume presidency on January 1, 2011.

The development will enable Iran to host an OPEC meeting since any country holding the organization's rotating presidency can invite oil ministers of the member states to meet there once.

Iran has already announced that it intends to work out deeper coordination and cooperation among the member states in order for the oil cartel to have orchestrated and leading positions in determining market prices through better supply-and-demand formulas.

OPEC is a permanent intergovernmental organization of 12 oil-exporting developing nations that also include Algeria, Angola, Ecuador, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela.

OPEC coordinates and unifies the petroleum policies of its member countries.

OPEC has maintained its headquarters in Vienna since 1965, and hosts regular meetings among the oil ministers of its member countries.

Now understand, OPEC is ok with 100 dollars a barrel as it's "benchmark".

Already riots in 3rd world are breaking out due to spiking food costs...

ENERGY prices are set by a group despots.

Iran now LEADS this group...

Need I say more?

Time to destroy OIL as a energy of value.

Natural Gas, Solar, OIL DRILLED OUTSIDE OF OPEC nations should be given total priority.

The complete bankruptcy of all OPEC nations is a must.

Want world PEACE? Make the OPEC bloodsuckers EARN a living..

All products sold to OPEC nations should have a 2000% tariff


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