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OPEC and the Prisoner’s Dilemma By Kurt Zenz House

Posted by Adrian on January 6, 2009

There is great article written by Kurt Zenz House for the online site Bulletin of Atomic Scientists

Regarding oil output cuts and the attempt for the oil producing countries to bring the oil price back into high dollar ranges, such as to $70 – $100.

He also mentioned Iran’s situation and it’s reliance on a high oil price, House’s article was written prior to the Israel/Gaza conflict.

Article found here

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