Half a croissant, on a plate, with a sign in front of it saying '50c'
h a l f b a k e r y
actual product may differ from illustration

idea: add, search, annotate, link, view, overview, recent, by name, random

meta: news, help, about, links, report a problem

account: browse anonymously, or get an account and write.



Please log in.
Before you can vote, you need to register. Please log in or create an account.


Organization of the Tobacco Exporting Countries
  [vote for,

Certain things have a steep demand curve. Usually things that are addictive. For some reason, Oil follows this demand curve.

Enter OTEC.
Fuel prices have forced us to cut production due to harvesting costs ... <insert more bs here>.

While National supplies remain adequate (we have 4 year elections to think of), The amount we export will not be strong this year due to fuel costs. The US, Brazil, India, China, Turkey (how's that sound? - EU), and Malaysia have decided that production should remain at 72% capacity while fuel prices remain what OTEC feel are inflated. OTEC has decided that this is in the best interest of the Nations and producers.

(Mwhaah ha ha!)

Zimmy, Aug 09 2006


       skuirp skuirp skuirp (the sound of crickets.)
Oh No.
Zimmy, Aug 09 2006

       It's about as valid as any other cartel marketing a good of which there's no real shortage; in other words, not really valid at all, as it's bound to lead to tit-for-tat action, just as tariffs do now. (OPEC is a somewhat different case as it deals in a commodity with a finite - although still plentiful - resource.)
angel, Aug 09 2006


back: main index

business  computer  culture  fashion  food  halfbakery  home  other  product  public  science  sport  vehicle