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

THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release March 28, 2000

STATEMENT BY THE PRESIDENT

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.

30-30-30




© Scoop Media

 
 
 
World Headlines

 

Asylum: More Manus Refugees Fly To US But Hundreds Still In Limbo

“The US deal was never going to provide enough places for the refugees Australia has held on Manus and Nauru. There are over 1800 refugees needing resettlement,” said Ian Rintoul, spokesperson for the Refugee Action Coalition. More>>

ALSO:

Food Security: African Swine Fever Rapidly Spreading In Asia

African Swine Fever is rapidly spreading in East and Southeast Asia threatening food security and livelihoods of households relying on pig farming... More>>

ALSO:

"NZ Leadership Needed": Japan Resume Commercial Whaling

The Green Party is deeply concerned by Japan’s resumption of commercial whaling, Green Party Animal Welfare Spokesperson Gareth Hughes said today. More>>

ALSO:

Gordon Campbell: On Collective Punishment In Venezuela

Yemen, Venezuela, Iran, Gaza… beyond the particulars of their suffering, each of these countries currently share one thing in common: their ordinary citizens are being subjected to collective punishment, in order to bring about regime change. More>>

 
 
 
 
 
 
  • Pacific.Scoop
  • Cafe Pacific
  • PMC