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why that was nice
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<blockquote data-quote="Flipx99" data-source="post: 6208921" data-attributes="member: 562352"><p>OPEC has to be reactive because it is not a monopoly. It is a oligolopy. therefore a price taker, not a price maker. However, OPEC does influence price. Faulkton's sources do not explain the leverage, loans, and deals cut between OPEC and non-OPEC countries in terms of capital goods and knowledge workers.</p></blockquote><p></p>
[QUOTE="Flipx99, post: 6208921, member: 562352"] OPEC has to be reactive because it is not a monopoly. It is a oligolopy. therefore a price taker, not a price maker. However, OPEC does influence price. Faulkton's sources do not explain the leverage, loans, and deals cut between OPEC and non-OPEC countries in terms of capital goods and knowledge workers. [/QUOTE]
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