Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Business Makeover: OPEC


If it's broke, fix it.

The price of oil fell by 25% last week -- the largest decline since 1991 -- and has tumbled almost 70% since hitting a record high of $147.27 in July. Needless to say, the Organization of Petroleum Exporting Countries, or OPEC, isn't amused. Member states will likely make the decision to slash production on December 17th - and by all accounts the cuts, aimed at preserving robust profits, will be severe.

This is a PR tightrope: The risk is that the end user, already under mounting economic stress, will recoil. To that end, Minyanville offers advice on how to increase revenue without the appearance of price gouging.

Advances in alternative energy may reduce the demand for oil, but an international campaign painting Toyota (TM) Prius drivers and windmill operators as a bunch of Nancy's should restore balance to the universe.

The United States government -- OPEC's largest customer -- plans to reduce its dependence on foreign oil by drilling offshore. Merge with the NRA to solidify control of the American legislative system.

Stateside, Middle-Eastern oil magnates suffer from a poor public image. Appeal to the Iron Sheik to apologize formally for disparaging comments he may have made about Hulk Hogan at Wrestlemania I.

Take a cue from General Mills (GIS) and ever-so-slightly reduce the amount of oil per barrel to achieve volume savings.

Remind the owners of flamethrowers that you achieve greater distances with higher octane.

No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos