{"id":3059,"date":"2011-06-08T20:02:20","date_gmt":"2011-06-08T20:02:20","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=3059"},"modified":"2011-06-08T20:02:20","modified_gmt":"2011-06-08T20:02:20","slug":"the_power_shift_in_opec_will_n","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=3059","title":{"rendered":"The Power Shift In OPEC Will Not Result In Lower Gasoline Prices"},"content":{"rendered":"<p>The Organization of Petroleum Exporting Countries (OPEC) has failed to reach an agreement to increase production in order to keep high oil prices from endangering the world&#8217;s economy.&nbsp; The <a href=\"http:\/\/www.americanthinker.com\/blog\/2011\/06\/opec_does_it_again.html\">American Thinker<\/a>&nbsp;posted an article today stating that despite the urging of Saudi Arabia, OPEC will not increase oil production.&nbsp; Saudi Arabia is the largest oil producer in OPEC and in the past has always be able to temper the demand for less production and higher prices from other members.&nbsp; Saudi influence is now lower due to the lower value of the American dollar and also due to the efforts of Venezuela and Iran, who now head up a bloc of nations hostile to the interests of western countries.&nbsp; These countries need oil to remain above $100 a barrel due to domestic situations.&nbsp; <\/p>\n<p>As long as America refuses to utilize its own resources, Americans will be at the mercy of OPEC members and can expect to pay more for gasoline at the pump.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Organization of Petroleum Exporting Countries (OPEC) has failed to reach an agreement to increase production in order to keep high oil prices from endangering the world&#8217;s economy.&nbsp; The American Thinker&nbsp;posted an article today stating that despite the urging of &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=3059\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3059","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/3059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3059"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/3059\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}