Don't fall asleep at the pump.

[Gerry]

They bathed themselves in money and tried to hold America hostage.

Now that oil prices are about half of what they were 3 months ago, there is a new strategy.

OPEC Pushing to Cut Production, Drive Up Oil and Gasoline Prices

Just as Americans are finally beginning to reap the benefits of plunging gasoline prices — including more money in their pockets — OPEC is getting ready to squeeze them once again by cutting oil production and driving up prices to refineries.

The 13-nation global oil cartel — which includes Mahmoud Ahmadinejad's Iran and Hugo Chavez's Venezuela — will hold an emergency meeting in Vienna Friday to discuss the steep and rapid decline in oil prices.

"The era of cheap oil is finished," Iran's Oil Minister Gholamhossein Nozari boasted on Tuesday.

When asked what price Iran would want for its oil, Nozari declared, "The more the better."

"A few member nations have voiced their intentions of pushing for a cut in production, including Qatar, Iran, as well as OPEC's president Chekib Khelil, who said that output could be slashed by as much as 2 million barrels a day," analysts for Raymond James & Associates told MarketWatch.com.

[jasdon11]

I don't know if this is correct, but when I took my leaf-blower for a service when it wasn't running properly, the guy asked if the fuel had been in there for any length of time. I told him probably 3 or 4 months. He said that modern fuel "goes off quickly because of the additives they put in to make it greener".

I had been toying with the idea of bulk buying fuel and storing it for personal use, but if this is true, it wouldn't be such a good idea!

If it is true, it could possibly be a ploy by the producers to stop people doing just that.