Animadversions.

The weblog of Joshua Drescher

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Saudi Arabia leaves OPEC?

September 12th, 2008 · No Comments · Politics

If this is true, the GOP may wind up in charge forever:

Saudi Arabia walked out on OPEC yesterday, saying it would not honor the cartel’s production cut. It was tired of rants from Hugo Chavez of Venezuela and the well-dressed oil minister from Iran.

As the world’s largest crude exporter, the kingdom in the desert took its ball and went home.

As the Saudis left the building, the message was shockingly clear. “Saudi Arabia will meet the market’s demand,” a senior OPEC delegate told the New York Times. “We will see what the market requires and we will not leave a customer without oil.”

The last time OPEC experienced real in-fighting gas dropped below $1 a gallon way back during the late Clinton years. With the way in Iraq improving so much that we scarcely hear a peep from the Left about it any more, the high cost of fuel (and issues connected to it) has been one of the few reliable attack points for the Democrats that was consistently resonating with voters.

If McCain gets to point to successes in Iraq AND gas gets back below $2.50 a gallon by late October, that’d be absolutely devastating for Obama.

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