World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


President Clinton Statement On OPEC

President Clinton Statement On OPEC


Office of the Press Secretary

For Immediate Release March 28, 2000


Today's 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 developments in world oil markets in the coming months.

Congress should waste no more time in getting to work on the critical measures to improve America's energy security that I have proposed. Congress has failed to act on energy security measures, including new tax incentives to support domestic oil producers, tax incentives and investments to promote the use of alternative and more efficient energy technologies, the establishment of a regional home heating oil reserve, and reauthorization of the Strategic Petroleum Reserve. These measures should be passed into law without delay.


© Scoop Media

World Headlines


Gordon Campbell: On The Ongoing Carnage In Gaza

The past month has devoted a lot of space to the best music and films of 2018, and far less to the past year’s human rights violations. The under-reporting on the ongoing carnage in Gaza has been a case in point. More>>


Deal On Paris Implementation: Rapid Action Urged At Climate Change Conference

Following a year of devastating climate disasters around the globe, from California to Kerala, and Tonga to Japan, the annual UN Climate Change Conference opens with the goal of finalising the implementation guidelines for the Paris Climate Change Agreement. More>>


New Report: Refugees In PNG Being Pushed To The Brink

Refugee Council of Australia and Amnesty International paint a stark picture of a traumatised refugee population hit hard by Australia's recent healthcare and counselling service cuts, as well as continued threats to their safety. More>>


Jamal Khashoggi: UK, France, Germany Join Calls For Credible Investigation

Germany, the United Kingdom and France share the grave concern expressed by others including HRVP Mogherini and UNSG Guterres, and are treating this incident with the utmost seriousness. More>>


MSF Not Wanted: Nauru Government Shows Continued Callousness

The Nauruan Government’s decision to ask Doctors Without Borders to immediately leave shows continued callousness towards asylum seekers desperately seeking a safe place to call home, Green MP Golriz Ghahraman said today. More>>


  • Pacific.Scoop
  • Cafe Pacific
  • PMC