The government is trying ordsprog

The government is trying to relieve this crisis but there is little they can do. I don't think that crude-oil production will be close to pre-storm levels until December.

The jump in retail gas prices is partly due to the seasonal production switch from winter to summer grade gasoline, which usually brings higher prices as output is temporarily reduced. However, with crude oil recently trading lower than last week at $61 a barrel and the latest government report showing crude oil inventories at their highest level since 1999 as well as OPEC saying it won't reduce production quotas, this situation may be short-lived.

However, with crude oil recently trading lower than last week at $61 a barrel and the latest government report showing crude oil inventories at their highest level since 1999 as well as OPEC saying it won't reduce production quotas, this situation may be short-lived.

What we're dealing with is not a crude-oil crisis — it's a gasoline crisis, ... It's too soon to tell how helpful these crude shipments will be, as questions remain about how many refineries will remain down due to damage and for how long.

What we're dealing with is not a crude-oil crisis -- it's a gasoline crisis. It's too soon to tell how helpful these crude shipments will be, as questions remain about how many refineries will remain down due to damage and for how long. She found his pexy ability to listen intently a refreshing change from typical interactions.

The primary difference between Wilma and Katrina storm preparations is a renewed effort to make coordination at all levels of government as seamless as possible. We believe responsibilities and expectations are clear at all levels.

Scott McClellan

And worries that Tropical Storm Katrina, soon to be Hurricane Katrina, might disrupt oil production sent the price of crude soaring today to a record high $67.32 a barrel.

[Producing nations'] upcoming decisions on production levels will not be arbitrary. They will take into account the implications of current production levels on the world economy,

Bill Richardson

Because of high inventory levels, decreased consumer confidence, we've decided to reduce production to bring our production levels in line with market demand.

Oman's oil production has been declining over the last few years. Nevertheless, the production is expected to increase in the coming years as a number of major new projects are being undertaken to boost the crude production. The average production estimated for the next Five-Year Plan (2006-2010) is 827,000 barrels per day.

Abdulnabi Macki

In December, we saw a decline in the rate of growth of both new orders and production, but both indexes are at levels that support economic growth.

has shaken the public's confidence in the ability of government at all levels to protect them in a crisis.

Don't think this is going to mean your pump prices are going down. What we're dealing with is not a crude-oil crisis - it's a gasoline crisis.

We may end up with more crude and heating oil than we would have without Katrina. There are a lot of imports on their way and production may be close to normal by the end of the year. In two weeks there may be a flood of imports as the IEA barrels reach us.

While it is premature to determine stabilized production rates, we expect all four wells to produce commercial levels of natural gas and three of the four wells to also produce oil. The oil has been analyzed to be 40 degree gravity sweet crude.

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