OPEC finds that it is a crude, crude world
After having almost everything go their way for the past decade, the 13 members of the Organization of Petroleum Exporting Countries were faced last week with a long list of things going against them: plunging oil prices, oversupplies, excessive production, drooping consumption, world recession with fears of depression. Even Humorist Art Buchwald was having fun with OPEC's woes. The columnist "quotes" a man from Qatar as saying: "Since the oil glut we've had to cancel four palaces, and make do with three used 747s for our sheiks."
Poor, poor OPEC, Buchwald went on, needling...
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