OPEC today announced that it ‘predicts’ higher oil prices. I almost laughed when I read the crawler at the bottom while watching Good Morning America. I imagine it does since they are a huge factor in steering the price of oil anyway. They are talking of cutting production to drive prices up, so of course they can ‘predict’ higher prices. I think a more appropriate wording should be: OPEC ‘promises’ higher oil prices.
I predict that I will eat lunch with my wife today.
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