Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on March 12, 2009

Bookmark and Share

U.S. energy secy worried OPEC may hurt the economy

U.S. Energy Secretary Steven Chu said on Wednesday he will speak to OPEC ministers before their meeting this weekend and warn them as they consider another oil production cut that high crude prices will harm the fragile world economy.

OPEC members meet in Vienna on Sunday to discuss whether to lower oil output, which analysts believe will put upward pressure on world crude prices and U.S. gasoline costs.
Reuters



Leave a Reply

Your email address will not be published. Required fields are marked *