Bush wants OPEC nations to increase oil output; says high prices could (Oil discovery)

Bush wants OPEC nations to increase oil output; says high prices could
Minneapolis Star Tribune - President Bush urged OPEC nations on Tuesday to put more oil on the world market and warned that soaring prices could cause an economic slowdown in the United States. "High energy prices can damage consuming economies," the president told a small

India must tackle oil, infrastructure woes - World Bank
Reuters India - NEW DELHI (Reuters) - India needs to alleviate infrastructure constraints if it wants to sustain economic growth of 9 percent and should let the impact of record oil prices feed through to the economy, a senior World Bank official said. Shanta

Saudi Arabia will raise oil output if justified - minister UPDATE
CNBC - We will raise production when the market justifies it, this is our policy," he said shortly after US President George Bush urged producers to take action over the "very high" oil prices. "OPEC in its forthcoming meeting will of course look at all the

Discussing oil, markets & currencies, with Sara Nunnally, Material
CNBC - Royal Dutch Shell execs have been talking about the impact of high oil prices on future energy projects--but the company continues to press on with plans despite headwinds facing the sector Read More

High oil prices tough on economy: Bush
Reuters - RIYADH (Reuters) - President George W. Bush said on Tuesday oil prices were "very high" and tough for the U.S. economy to bear. He said he would discuss the issue with the king of OPEC powerhouse Saudi Arabia. Oil prices are around $95 a barrel. The

Exelon Corporation Company Profile - View Exelon Corporation (EXC
Philadelphia Business Journal - About Exelon Corporation Exelon Corporation is one of the nation see higher taxes yet [Denver] Abraxas adopts 2008 budget for oil and gas projects [San Antonio] NW Natural helps develop California gas storage site [Portland] Natural gas prices up

U. S. Trade Deficit Widens in Latest Report
WREG - Record imports and surging oil prices helped widen the U.S. trade deficit much more than expected in November to $63.1 billion, despite a ninth consecutive month of record exports, a U.S. Commerce Department report on Friday showed. Record imports