-Caveat Lector- Venezuelan minister predicts oil production cuts in early 2006 font size ZoomIn ZoomOut
Venezuelan Minister of Energy Rafael Ramirez said Wednesday he believed that the Organization of Petroleum Exporting Countries (OPEC) will cut oil production in early 2006. Ramirez, also head of the country's state-owned oil company Petroleos de Venezuela, made the remarks one day after OPEC agreed to maintain its production ceiling of 28 million barrels per day. "I am sure a production cut will be agreed at the beginning of next year," Ramirez said. At present, international crude prices are fair at 70 U.S. dollars a barrel, an unbroken record since August, and the prices will be maintained for a time, said the Venezuelan minister. He added that the market must avoid oversupply, and oil production in the Gulf of Mexico is recovering from the damage caused by the hurricane season. Venezuela, the world's fifth largest oil exporter, announced earlier that it would do all it can to defend current prices at the OPEC meeting in January. Oil production usually reduces at the start of the year when it gets warmer in the United States and Europe, where a lot of oil is consumed for heating. Source: Xinhua Remember:More people have died in Ted Kennedy's car than have died in United States Commercial Nuclear Power plant operations visit my web site at http://www.info-quest.org Visit my energy page at http://www.info-quest.org/Energy.html Check out the latest on the anwr drilling project http://www.anwr.org visit my blog at http://info-spectrum.blogspot.com My ICQ# is 79071904 See the Pledge of alleginace to the flag that the 9th circuit court of appeals doesn't want you to say. for a precise list of the powers of the Federal Government linkto: http://www.info-quest.org/Enumerated.html www.ctrl.org DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substanceânot soap-boxingâplease! These are sordid matters and 'conspiracy theory'âwith its many half-truths, mis- directions and outright fraudsâis used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://www.mail-archive.com/ctrl@listserv.aol.com/ <A HREF="http://www.mail-archive.com/ctrl@listserv.aol.com/">ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om