VOL. XLIII

No. 34

21-August-2000

OPEC

US Reverts To Tough Talk On Oil Prices, Singles Out Venezuela

With oil prices hovering over $30/B and with reports that heating oil stocks in the US continue to be below average for this time of year, the Clinton administration is again stepping up its campaign to pressure producing countries into taking action to lower prices by further increasing their oil output. A particular target of Washingtons ire has been Venezuelas President Hugo Chavez, who will...