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OPEC Wants Help

On Tuesday, October 10 (yes, I know, that's a while back -- this is a philosophy blog, not your daily news, bro) The Secretary General of the Organization of Petroleum Exporting Countries asked for help from US based shale producers. The SG in question is Mohammed Barkindo, and he is about 1 year into a 3 year term in that post. He's a western educated fellow , with a degree from Southwestern University in Washington DC who did PhD work at Oxford.  On petroleum economics, natch. I'd love to see a copy of his doctoral dissertation. It may be available on line, but I'm too indolent to go searching for it right now. But: what about shale producers? These are the infamous "frackers," folks.Here's what Reuters has to say:  http://www.reuters.com/article/us-india-energy/opec-secretary-general-urges-u-s-shale-oil-producers-to-help-cap-global-supply-idUSKBN1CF0C4 He wants the frackers to cut back production because OPEC is doing so, and all producers of...