VOL. XLIII

No. 14

3-April-2000

OPEC

The Consumers Reactions

The United States

President Clinton on 28 March issued a statement praising OPEC countries for deciding to increase crude oil production:

"Todays announcement that OPEC members will increase production is a positive development. These increases will help sustain worldwide economic growth and provide greater balance between oil supply and demand. While oil prices are projected to fall this year, we will continue to closely monitor...