FRIDAY MAY 25
What A Difference Four Years Make…

Expecting OPEC to loosen the spigots on oil output? Better not hold your breath, piker. Once upon a time, members of this powerful oil cartel quaked in their white, Gucci calfskin sandals over the mere mention of soaring prices triggering a recession. But after four years of record highs – and no global fallout – those fears have dissipated.

May 2007

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