VOL. XXX
NO. 18
9-FEBRUARY-1987
OPEC/NON-OPEC AND OIL PRICES
Herrington Urges Measures against Growing Independence OPEC
The US Energy Secretary, Mr. John Herrington, has urged the US and its alliesto build up their oil stockpiles and develop oil supplies outside the Gulf inorder to counter the threat of growing dependence on OPEC in general and theGulf in particular.
Mr. Herrington's remarks to a seminar in Davos, Switzerland, on 4 Februarymade it clear that the US has not abandoned its...
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