OPEC Says It Will Cut Oil Output - NYTimes.com

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Article here.

Now there’s a shock.

The weird thing is that the article says, and I quote:

The stunning decline of oil prices in recent weeks has left oil-exporting countries fearful that they will have to cut government budgets, including the popular social programs that cement many leaders’ hold on power.

So what social programs did these dictators put into place in the course of less than two years? In the United States, the only social program we managed to put into place in the course of less than two years (which was the last time prices were this low) was to hand out cash.

Hmmm… Is that what they’re doing with our money?

Or is it this?

Or is it both?

Drill, baby, drill!, indeed!

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