OPEC blames 'mismanaged' U.S. economy for soaring oil prices -IHT

Quicklink submitted by Laudyms     Permalink
Related Topic(s): ; ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com


At www.iht.com

OPEC, rebuffing calls from U.S. President George W. Bush to increase oil output, cited 'mismanagement' of the American economy as a major factor driving prices up. The cartel's president on Wednesday blamed financial speculators and American economic problems, which have helped lower the value of the dollar, for the high oil prices. The dollar has lost 17 percent of its value against the euro this year.

Read the rest of the story HERE:

At www.iht.com

- Advertisement -
- Advertisement -

 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments