By Dan Celia
Since the OPEC agreement last week to curb production, we’ve seen gas prices climb bit by bit every day since. This, obviously, has many people concerned about how the deal will impact consumers, particularly as we head into a peak shopping season.
But before we get too concerned about higher gas prices or climbing oil stocks, let’s wait until Monday. This weekend, 15 non-OPEC countries and OPEC nations will meet in an attempt to figure out how all of this will impact them. And it is not out of the realm of possibility that by the end of the weekend, the entire production cut deal will fall apart. (more…)