Tuesday, January 20, 2009

Oil prices slump again……

Despite the OPEC’s attempts to cut output to artificially short circuit the supply, oil prices tumbled to USD33 per barrel…….. I keep my fingers crossed that it will go below USD10 per barrel soon. Not possible ? Remember, in March 1999, oil prices were USD11 per barrel. For far too long, the OPEC countries have been making too much sinful profits.

My gut feeling is, the higher the oil price, the more incidents of terrorist acts committed worldwide. So when the oil price is low, probably there will be no fundings and sponsorships for terrorists to commit crimes against humanity.

God is great, and Praise be with the Lord……..

By the way, why are we still paying more than RM 1 per litre at the petrol station ?

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