http://www.independent.co.uk/story.jsp?story=327290
The US government is putting “major pressure” on certain oil-producing countries to cheat on their Opec-imposed output quotas in an effort to bring crude prices down.
Last week, boosted by renewed expectations of US conflict with Iraq, crude prices surged above $30 (£19.7) for the first time in 18 months. That has in turn prompted fears that strong oil prices will cripple economic recovery.
The prospect of US-induced cheating raises the spectre of a complete collapse in Opec unity. Nigeria’s attitude to its quotas has already suggestedit could force itself out of the cartel, and many believe Opec’s meeting on 19 September could be a significant turning point in its history. Even with just two of its 11 members turning maverick, the organisation would lose its control over world oil prices.
comment: America telling nations to cheat its quotas on oil what a surprise not! Once a snake always a snake.
As for people commenting that america does’nt need oil yeah what ever facts on the ground speak louder than words!