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OPEC President on $100 oil: "not necessarily very high"



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One of these days we just may have a government that wants to take action on break our national addiction to oil. All we ever hear is talk without serious action. Even for 2008, it's not as though we are hearing about any daring new action. Mild change, perhaps, but that's where it ends.

If we ever do move beyond oil, it's going to be interesting to see how the OPEC countries replace that revenue stream in their economies. In the mean time, life is good for them. Halliburton and Big Oil are feeling pretty good about life these days as well.


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