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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