Bouncing around the Web, I've come across some new bits I'd like to share. I'm thinking this is going to be a semi-regular feature here, so if there's something in particular you'd like to see, send me the link!
The Organization of the Petroleum Exporting Countries (OPEC) has scaled back oil production just in time for colder weather in most of the industrialized world. That means gas and fuel oil prices for those of us in the U.S. will be climbing again.
I don't pretend to be able to understand the intricacies of international economics, but some things just don't make any sense at all to me. According to a New York Times story by Eric Pfanner, OPEC countries cited a sluggish global economy as a major reason for the cut in production. If you ask me, this seems very counter productive to a more robust global economy.