There is a meeting this weekend between the Saudis and the government and business leaders.
The outcome of this meeting could lead to lower oil prices in the future. Along with the fact that the government of China decided to repeal subsidies for gas and diesel this week 15-18%, we can clearly see global governments recognizing the toll high oil is bringing to global commerce.
http://tiny.cc/iPshj
Saturday, June 21, 2008
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