Zynga, Inc. Message Board

I don't fact is i never blamed jimmy carter back in the late 70s

Organization of the Petroleum Exporting Countries. It is an oil cartel whose mission is to coordinate the policies of the oil-producing countries. The goal is to secure a steady income to the member states and a secure supply of oil to the consumers. Those who invest in petroleum activities should receive a fair return on their investments.[2]

OPEC is an intergovernmental organization that was created at the Baghdad Conference on September 10-14 1960, by Iraq, Kuwait, Iran, Saudi Arabia and Venezuela. Later it was joined by nine more governments: Libya, United Arab Emirates, Qatar, Indonesia, Algeria, Nigeria, Ecuador, Angola, and Gabon. OPEC was headquartered in Geneva, Switzerland before moving to Vienna, Austria, on September 1, 1965.[3]

OPEC was formed at a time when the international oil market was largely separate from centrally planned economies, and was dominated by multinational companies. OPEC's ‘Policy Statement' states that there is a right of all countries to exercise sovereignty over their natural resources. [3]

In the 1970s, OPEC began to gain influence and steeply raised oil prices during the 1973 Oil Crisis in response to US aid to Israel during the Yom Kippur War. [4] It lasted until March 1974.[5] OPEC added to its goals the selling of oil for socio-economic growth of the poorer member nations, and membership grew to 13 by 1975.[3]

In the 1980s, the price of oil was allowed to rise before the adverse effects of higher prices caused demand and price to fall. The OPEC nations, which depended on revenue from oil sales, experienced severe economic hardship from the lower demand for oil and consequently cut production in order to boost the price of oil. During this time, environmental issues began to emerge on the international energy agenda.[3] Lower demand for oil saw the price of oil fall back to 1986 levels by 1998–99.

In the 2000s, a combination of factors pushed up oil prices even as supply remained high. Prices rose to then record-high levels in mid-2008 before falling in response to the 2007 financial crisis. OPEC’s summits in Caracas and Riyadh in 2000 and 2007 had guiding themes of stable energy markets, sustainable oil production, and environmental sustainability

For what??????? Obama has no control over the price of oil

bump!!!!!!!

All the time!!!! Moe has the record of most yahoo I.D.s on yahoo chat boards.

Mr. Clinton and Mr. Gingrich admittedly have a lot in common, but when two notoriously self-promoting politicians like these start blowing their own horns to the same tune, it’s worth taking a closer look - well worth it, as it turns out.

According to the Bureau of Public Debt of the U.S. Department of the Treasury, the federal debt actually increased in each of those years. In other words, the supposed surplus was never realized. Can it be a myth? Can it be the “surplus” was just another gimmick that Washington uses because it makes up its own rules? Let’s look even closer.

As anyone unfortunate enough to work in the private sector understands, there is a huge difference between a budget and actual results. The first is an aspiration, the second is reality. But Washington plays a different game. Congress invents its own rules, uses those rules to prepare a budget and then passes it in the form of legislation. Then they say it is real. Whether it actually is to the rest of the country just doesn’t matter.

It turns out the budget scored a surplus only because it borrowed money from the “trust” funds that secure entitlement payments, such as Social Security and Medicare. Since, in the real world, those funds would be considered obligated, those intergovernmental borrowings actually increase the federal debt. They are included in the debt figure that is published by the Bureau of Public Debt.

Get off the drugs you old dunk

bump!!!!!!!!!

bump!!!!!!!

stagetec100 you portray yourself as a very ignorant fool.

Did you ever get your GED?

I have a BA in film.I own 24 dividend stocks,my house out right,two cars,and two IRAs.Looking at trading 200 shares of MO,and picking up 1000 shares of NYMT.Do you think this is a good trade?

What's wrong Phil can't make it on your own

bump!!!!!!!

yep!!!!!!LOL

whats wrong Phil????? No balls or backbone to make it on your own???????????

Now papie/doomer thinks he knows when dog trades in and out of stocks.LOL!!!!! To bad papie that single-celled organism out score you on I.Q. test.Papie last job was working for his mom until she decided to move