With their Oil reserves declining, the Saudies are pumping to sell Oil for declining US$. They really should halve their output, and sell for what? When incompetent Moneymasters like Greenspan and Brown have deliberately manufactured inflation so that Gold has soared to an idiotic price, it is stupid to sell for currency. What price should the Oil Producers extract? That is easy: Ensure that there is a future for mammalian life on this planet. Keep the Oil in the ground.

For the low low down see:  http://www.globalresearch.ca/index.php?context=va&aid=7407

An Ayatollah and Chavez in agreement?