BLOG 1: Oil Futures
- This article is about the issue of gas prices, their inflation, crude oil levels, and OPEC’s losing battle against the U.S. and their low oil prices. I chose it because it was by far the most relevant and important information to me on twitter right now.
- The information in the tweet comes from a news source called “Market Watch”, and was written by Myra Saefong with direct quotes and responses from OPEC members and other oil industry big-wigs.
- My question is how will OPEC respond to their need for higher oil prices when the U.S. continues to keep their prices so low?