27 Jul '13, 5am

The Walmart Model of Cheap Prices and Low Wages Implodes ... › Board index › Peak Oil Forums › Economic…

The headquarters of the Organization of the Petroleum Exporting Countries (OPEC), Vienna, Austria (file photo) Sat Jul 27, 2013 7:1AM The election to pick OPEC’s secretary general is scheduled to be held in Vienna on December 4, with Iran, Iraq and Saudi Arabia vying for the post.” An Iranian lawmaker says chances are high for the Islamic Republic to assume the presidency of the Organization of the Petroleum Exporting Countries (OPEC). “Iran is among the countries which, since the beginning of OPEC’s activity, has had an effective presence in the organization and enjoys a high level of expertise and experience compared to the other members of the organization,” said Hossein Amiri Khamkani, a member of the Economic Committee of Iran’s Majlis, on Saturday. “Although there is a tight competition between Iran and Iraq to become OPEC’s secretary general, it seems that our count...

Full article: http://peakoil.com/

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