EXPECT NO RELIEF FROM OPEC
February 01, 2008
February 01, 2008
WASHINGTON, Feb. 1 -- The House-Senate Joint Economic Committee issued the following news release:
Pretending no more. For a long time OPEC officials have feigned lack of intent with respect to the high international oil price. That has changed. Mr. Chakib Khelil, Algeria's energy minister and the cartel's new president as of January 1, offered his view of the record oil price:
"$100 per barrel for crude oil is not necessarily very high," and &qu . . .
Pretending no more. For a long time OPEC officials have feigned lack of intent with respect to the high international oil price. That has changed. Mr. Chakib Khelil, Algeria's energy minister and the cartel's new president as of January 1, offered his view of the record oil price:
"$100 per barrel for crude oil is not necessarily very high," and &qu . . .