Friday, April 11, 2008
DrumBeat: April 11, 2008
OPEC: Gas Prices Will Stay High As gas prices heads for a possible $4 a gallon in the U.S. this summer, it's tempting to blame Big Oil â" as many in Congress did last week â" for its bloated profits greased by generous tax breaks. But the players in the oil-producing world see things a little differently. OPEC officials, oil executives and oil-rich governments met Thursday in Paris at the International Oil Summit, to share their thoughts on the global energy crunch. Total chief executive Christo
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