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OPEC cautions: U.S. 'Fiscal uncertainties persist'

GasBuddy Blog -- We may have some ideas on how American consumers view OPEC, but how does OPEC view its #1 customer --the U.S.A?

In its Monthly Oil Market Report issued Wednesday, OPEC leaders' collective view is expressed candidly and their observations may help us learn more about the severity of political problems here than all the opinionating of so-called 'informed' obervers and pundits.

Here's what they say:
For the past weeks, the outcome of negotiations in the U.S. to avoid the ‘fiscal cliff’ – a term that describes the
automatic spending cuts and tax increases set to take place at the beginning of 2013 – has been a major uncertainty hanging over the US economy.

Despite recent data showing an improvement...


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Submitted Jan 21, 2013 By: PD
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Author Topic: OPEC cautions: U.S. 'Fiscal uncertainties persist' Back to Topics
REPLIES (newest first) Post a Reply
stealthvan
Veteran Author Seattle

Posts:413
Points:750,100
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Message Posted: Jan 30, 2013 12:53:13 PM

OPEC has grown to be a group of representatives who want to keep prices high so the various countries can make money off each other, the more the better. We need to start using our own resources, reducing our dependence on foreign oil. This will also create jobs in the US. Now we just have to reduce the benefits to not working so those who don't think they have to work will be motivated to go find one of those newly created jobs.
honda0105
Champion Author Tallahassee

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Message Posted: Jan 27, 2013 4:57:34 AM

99dakota: and how long will that last?
99dakota
Champion Author Providence

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Message Posted: Jan 26, 2013 4:25:53 AM

We don't need OPEC if we develop our own oil resources.
honda0105
Champion Author Tallahassee

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Message Posted: Jan 26, 2013 3:51:30 AM

Snowball: got a magic snowball?
Snowball2013
Champion Author Yakima

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Message Posted: Jan 25, 2013 8:31:00 AM

Balance the budget and quit importing oil.
honda0105
Champion Author Tallahassee

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Message Posted: Jan 25, 2013 3:49:32 AM

agrico: we won't be. Less dependent, yes, independent, no.
agrico
Champion Author New Orleans

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Message Posted: Jan 24, 2013 7:15:02 PM

Wonder what they will say when we are energy independant - go fracking!
honda0105
Champion Author Tallahassee

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Message Posted: Jan 24, 2013 3:55:51 AM

really? Whoddathunkthat?
jethro5000
Champion Author Kentucky

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Message Posted: Jan 23, 2013 1:10:04 PM

funny, I read this yesterday...
BigKart
Champion Author Indianapolis

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Message Posted: Jan 23, 2013 11:43:17 AM

We have to read foreign newspapers to find out that things are unstable here? Why is that? (As if we don't know...)
Fitwit
Champion Author Stockton

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Message Posted: Jan 23, 2013 9:59:40 AM

"May the words of my mouth and the thoughts of my heart be acceptable in your presence, ADONAI, my Rock and my Redeemer."
Psalm 19:15 Complete Jewish Bible.
greenfog
Champion Author Illinois

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Message Posted: Jan 23, 2013 9:57:27 AM

the people that care about opec, are the rich fat cats that run it.
Fitwit
Champion Author Stockton

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Message Posted: Jan 23, 2013 9:55:03 AM

*If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways, then will I hear from heaven, and will forgive their sins, and will heal their land."
II Chronicles 7:14
Bobmilan
Champion Author Louisville

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Message Posted: Jan 23, 2013 9:35:13 AM

US markets get the "sniffles" and rest of world catches cold.

We are largest market with greatest influence and we have responsibility to uphold freedom that gives us this influence.

Good behavior required: PASS A Balanced Budget.
DarthDadJr
Champion Author Virginia

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Message Posted: Jan 23, 2013 9:26:13 AM

So what...OPEC isn't in charge of us.
Samo1961
Champion Author Los Angeles

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Message Posted: Jan 23, 2013 9:21:46 AM

Two days already, getting tired of reading the same articles for days!!
Donnade
Champion Author Anchorage

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Message Posted: Jan 23, 2013 9:18:56 AM

old news
RobertSpratt
Champion Author Virginia Beach

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Message Posted: Jan 23, 2013 9:18:22 AM

Thank you Osama Obama
HATinMUNDY
Champion Author Michigan

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Message Posted: Jan 23, 2013 9:15:38 AM

Sounds like a conspiracy.....
TFowler513
Champion Author Memphis

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Message Posted: Jan 23, 2013 9:14:14 AM

old news
2granny
Champion Author Michigan

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Message Posted: Jan 23, 2013 9:12:52 AM

Old news.
installer
Champion Author San Diego

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Message Posted: Jan 23, 2013 9:12:29 AM

Maybe later when we start selling them oil.....
RochBear
Champion Author Minnesota

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Message Posted: Jan 23, 2013 9:10:57 AM

OPEC isn't the only ones who need to be concerned about the huge deficits we have.
olefin
Champion Author Arkansas

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Message Posted: Jan 23, 2013 9:10:36 AM

ok
Car54BC08
Champion Author British Columbia

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Message Posted: Jan 23, 2013 9:10:33 AM

This is a repeat
TRAIN RIDER
Champion Author San Bernardino

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Message Posted: Jan 23, 2013 9:10:20 AM

I read this yesterday.
Don20
Champion Author Oklahoma City

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Message Posted: Jan 23, 2013 9:10:14 AM

Old news...
EVBuddy
Champion Author Nevada

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Message Posted: Jan 23, 2013 9:09:52 AM

Oh well
gas_too_high
Champion Author Columbus

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Message Posted: Jan 23, 2013 9:07:29 AM

Everyone overseas seems to realize what both sides of our government do not -- that this has a serious impact on the economy.

Yet, while one side is willing to negotiate, the other side (the one in the White House) says, "My way or the highway."

GTH
LoneGuy
Champion Author Lansing

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Message Posted: Jan 23, 2013 9:07:28 AM

The US needs to cut spending to appear rational and wise.
Ticoman54
Champion Author Miami

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Message Posted: Jan 23, 2013 9:06:23 AM

I agree with vwilsonskis.
Settjec
Champion Author Little Rock

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Message Posted: Jan 23, 2013 9:05:40 AM

old
vwilsonskis
Champion Author New Jersey

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Message Posted: Jan 23, 2013 9:04:41 AM

The twits in DC do not care what opec say or the us people
chevellefan
Champion Author Georgia

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Message Posted: Jan 23, 2013 9:04:31 AM

old
Tutootin
Champion Author Toronto

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Message Posted: Jan 23, 2013 9:03:32 AM

Old "news"!
gasjockey70124
Rookie Author New Orleans

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Message Posted: Jan 23, 2013 9:03:25 AM

Good way for OPEC to keep oil prices inflated!
getalong
Champion Author California

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Message Posted: Jan 23, 2013 9:03:04 AM

Hmmm, what what is I posted on this subject last week?
2DTom
Veteran Author Indiana

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Message Posted: Jan 23, 2013 9:02:59 AM

What else is new?
thomas41546
Champion Author Tennessee

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Message Posted: Jan 23, 2013 9:01:38 AM

Fiscal Cliff = speculation playground
gasman50
Champion Author Portland

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Message Posted: Jan 23, 2013 9:01:19 AM

OLd news.....
g303v303g
Sophomore Author California

Posts:169
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Message Posted: Jan 23, 2013 9:00:38 AM

Fracking Opec. What do they know anyway.
packards42
Champion Author Washington

Posts:9,427
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Message Posted: Jan 23, 2013 8:59:12 AM

OPEC is loaning the US money it CHina. we china customer not much from OPEC any longer
mrsmercier
Rookie Author El Paso

Posts:23
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Joined:Jan 2013
Message Posted: Jan 23, 2013 8:59:02 AM

and?
Soglaos
Champion Author Virginia Beach

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Message Posted: Jan 23, 2013 8:58:31 AM

Repeat
slvrdo_dsprdo
Champion Author Nashville

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Message Posted: Jan 23, 2013 8:58:23 AM

I saw this yesterday, but it's funny how OPEC will say it, but our leaders will not admit it or address it.
mrsmercier
Rookie Author El Paso

Posts:23
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Joined:Jan 2013
Message Posted: Jan 23, 2013 8:58:21 AM

and?
FPLREP
Champion Author Virginia

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Message Posted: Jan 23, 2013 8:58:07 AM

Might as well get used to four more years of this disaster in chief. Spend, spend, spend, with an occasional raise the taxes. The american's that voted him in , get what they deserve.
BigOyl
Champion Author Wichita

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Message Posted: Jan 23, 2013 8:56:48 AM

Read this one YESTERDAY!
driveonby1
Champion Author Toledo

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Message Posted: Jan 23, 2013 8:56:20 AM

Sure, they want to keep the US down and uncertain in the world market.
Diesel_Ram
Champion Author Dallas

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Message Posted: Jan 23, 2013 8:55:51 AM

Old Story
F81M
Champion Author Indiana

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Message Posted: Jan 23, 2013 8:55:46 AM

Didn't care for the article yesterday either.
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