OPEC Oil Profits Plummet to Barely 4,400 Percent...WAAA! How Will They Ever Survive?

SINGAPORE - December 5, 2008: An AP report early Friday morning shows the price for light,sweet crude oil for January delivery fell below $44 dollars a barrel, for the first time in about four years.

If it costs under a dollar per barrel to bring the oil out of the ground, as it does for the Arab oil kings, then their profits are at a starvation level 4,400%.

Gosh, we're just all broken up over this calamity. Let us know when it hits $2 a barrel, I'm sure we have an extra jar of chicken soup we can send over.
MJR