Qatar & The Price of Oil

December 23, 2018

Despite OPEC’s recent cuts in production, oil prices continue to decline ($1.85 in Dallas). I say Qatar was smart to quit the oil cartel. A move that suggests not only OPEC’s political turmoil on the horizon, but also how irrelevant it is becoming.

 

Should we brace for skyrocketing prices at the pump, even replays of long gasoline lines? Not necessarily. Read my article belwo:

 

https://www.wacotrib.com/opinion/columns/board_of_contributors/david-oualaalou-board-of-contributors-short-sighted-saudis-again-outmaneuver/article_0643d095-af71-5a34-ad15-92a13dc09936.html

 

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