Going Green

Wednesday, January 16, 2008

OPEC's View of Oil Prices

OK. Maybe it's not your fault, but you can help!

OPEC chief sees no oil shortage

16/01/2008 13h14

PARIS (AFP) - OPEC Secretary General Abdullah al-Badri told AFP on Wednesday that high oil prices were not caused by a shortage of oil supplies and that other factors were to blame.

"Let me be clear, the high prices which we are witnessing are not because of any shortage of crude oil in the market," he said in a statement emailed to AFP.

On a tour of the Middle East, US President George W. Bush raised the issue of high oil prices...(complete article here).

No comments: