G8 urges oil industry to invest despite crisis

The financial crisis must not delay investments in the oil sector that are essential to an economic recovery, G8 energy ministers and top oil officials from four OPEC countries said on Monday after a two-day meeting.
A statement signed by the 23 national delegations that attended the energy summit said governments and companies should plan investments and energy policies with a view to the long term and aim at raising transparency and reducing volatility.
Guardian