TV News LIES

Monday, Nov 19th

Last update05:20:13 AM GMT

You are here News Energy OPEC Faults U.S. As Oil Hits New High

OPEC Faults U.S. As Oil Hits New High

E-mail Print PDF

OPEC on Wednesday accused the U.S. of economic "mismanagement" it said is pushing oil prices to new record highs, rebuffing calls to boost output and laying the blame at the feet of the Bush administration.

OPEC President Chakib Khelil told reporters the global market is being affected by what he called "the mismanagement of the U.S. economy," and that America's problems were a key factor in the cartel's decision to hold off on any action.

"If the prices are high, definitely they are not due to a lack of crude. They are due to what's happening in the U.S.," Khelil said. "There is sufficient supply. There's plenty of oil there."

More... 


Most Recent Related Stories...


Judge Blocks the Disputed Keystone XL Pipeline in a Setback for Trump’s Energy Agenda

Judge blocks Keystone PipelineA federal judge late Thursday blocked construction of the disputed Keystone XL oil pipeline, saying the...

Wholesale energy prices dip below zero because of California’s solar power

Solar power in CaliforniaSolar power shines bright in California, and wholesale energy prices prove it. Last winter and early...

Massachusetts explosions: Owner of Columbia Gas linked to three prior gas line blasts

Gas Co.owner involved in other explosions The corporate parent of the Massachusetts natural gas utility that's the focus of explosions and fires that killed...

Nuclear reactor at Indian Point plant in N.Y. shut down again after leak found

Indian Point reactor leakOne of two reactor units at a nuclear power plant near New York City has been...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!