Democratic Underground - HA! Yeah the comments from Qatar's energy minister were a real

Reply #21: HA! Yeah the comments from Qatar's energy minister were a real [View All]

54anickel

(1000+ posts) Send PM | Profile | Ignore

Wed Jun-02-04 10:17 AM
Response to Reply #18

21. HA! Yeah the comments from Qatar's energy minister were a real

comfort, weren't they?

http://quote.bloomberg.com/apps/news?pid=10000100&sid=aLLeFLYvKioY&refer=germany

snip>

``Everybody should produce what they want over the next few months,'' said Qatar's energy minister, Abdullah bin Hamad al- Attiyah in an interview in Beirut, where OPEC meets tomorrow. The Organization of Petroleum Exporting Countries, the producer of a third of the world's oil, wants to prevent higher energy costs from crimping economic growth.

``OPEC has made it clear they will make an effort to lower prices by either raising or suspending quotas,'' said Tom Bentz, a broker with BNP Paribas Futures Inc. in New York. ``Most members are producing at capacity so it's not clear how much oil will actually be available.''

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Reply #21: HA! Yeah the comments from Qatar's energy minister were a real [View All]