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August 25, 2005

I am so sick of the oil mafia 

When will we Americans get off our ass and start a revolution against these oil prices? Its rediculous and completely avoidable. We need revolution people....

Jamaica yesterday became the first Caribbean country to reach an agreement with Venezuela for oil at below-market terms. The Petrocaribe initiative is a plan to offer oil at flexible rates to 13 Caribbean countries. Jamaica will pay $40 a barrel, against a market rate of more than $60.

Mr Chávez said oil importers such as the US could expect no respite from the oil market, predicting the price of a barrel would reach $100 by 2012.

Guardian

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