RE:opec talk of increasing productionIt won't be a short term negative impact, but a much longer period of low oil prices in view. Don't forget that Iran is now dealing directly with Europe, so it will continue pumping as long as demand is here. On the other hand, Venezuela and Nigeria, just temporary I guess, if the US succeed turning Madura down, then they will start pumping again, even now I guess after election, Madura will want more money so he will start pumping more. We are screwed, I'm in at 7+$ so I dan't have aa choice but wait for years to come out even, but if I were you, while it's still time, RUN and don't look back.