Source:
Reuters By Simon Webb
ABU DHABI (Reuters) - ...
The U.S. consumes about 21 million barrels per day of oil, around a quarter of the world's supply. Record oil prices have cooled U.S. appetite for gas guzzling cars and, along with increasing environmental concerns, leant weight to calls for more sparing use of energy ...
"We must promote increased energy efficiency," U.S. Energy Secretary Sam Bodman said in a speech to a green energy conference. "The biggest source of immediately available 'new' energy is the energy that we waste every day" ...
Read more:
http://uk.reuters.com/article/scienceNews/idUKL211166520080121
US calls for oil producers to pump more oil
ABU DHABI (AFP) — US Energy Secretary Samuel W. Bodman ahead of an OPEC meeting next month urged oil-producing states on Monday to pump more crude to ease pressure on prices.
"There needs to be an increased supply in order to keep the markets of the world supplied with oil," Bodman told reporters on the sidelines of a conference on alternative energy in the UAE capital, Abu Dhabi ...
The 13-member Organisation of Petroleum Exporting Countries is due to meet in Vienna on February 1 under pressure to calm prices after shrugging off calls to increase output at its last meeting in December ...
http://afp.google.com/article/ALeqM5gzRvbZLZxg0kt8Q5yXrGuGhZq6IQUPDATE 2-Venezuela says no need for OPEC to up output
Mon Jan 21, 2008 7:03pm GMT
CARACAS, Jan 21 (Reuters) - Venezuela does not believe OPEC needs to increase output to tame high oil prices despite pressure from consumer nations, especially the United States, oil minister Rafael Ramirez told reporters on Monday.
The position of Venezuela, a price hawk in OPEC, reinforced the resistance that group members have offered in the face of calls for larger supplies.
"We don't think it will be necessary to put more barrels on the market," Ramirez told reporters. "The price has been moving quite a bit, which demonstrates (there has been) speculative movement." ...
http://uk.reuters.com/article/oilRpt/idUKN2141443220080121OPEC dismisses U.S. calls for more oil
* Sunday January 20 2008
(recasts, adds OPEC Secretary-General comments)
By Stanley Carvalho
ABU DHABI, Jan 20 (Reuters) - OPEC dismissed further calls to boost oil output from top consumer the United States, saying the global market is well supplied and the producer group has little control over oil prices near $90 a barrel ...
"I don't think there is a need to increase because the market is well supplied," Oil Minister Abdullah al-Attiyah told reporters on the sidelines of a conference in Abu Dhabi on Sunday.
The Organization of the Petroleum Exporting Countries (OPEC) is keeping a close eye on the market and stood ready to pump more when needed, OPEC Secretary-General Abdullah al-Badri said.
"If we reach the conclusion the fundamental data warrant an increase in production, then our oil ministers will not hesitate to decree this," Badri told German weekly magazine Der Spiegel in an interview published on Saturday. "But at present we see no need for this." ...
http://www.guardian.co.uk/feedarticle?id=7241054