Oil boost won't lower gas prices
Article Abstract:
Analysts say that the OPEC's decision to increase oil production quotas by 2.8% or roughly 700,000 barrels per day (bpd) to 25.4 million bpd will do little to reverse sharp gasoline price increases in the US. High oil prices are being blamed for renewed signs of inflation in the US and Europe. The price for a 42-gallon barrel of oil surpassed $30 in 2000, peaking at roughly $34 in Mar 2000 and dropping slightly thereafter. However, it is again pushing back up in Jun 2000.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Oil prices spike with little relief in sight
Article Abstract:
Ministers from the Organization of Petroleum Exporting Countries (OPEC) are planning to ease world oil production quotas by increasing supply by 500,000 barrels a day. Analysts, however, think that the increase of 2% is not sufficient to stabilize prices at $25. OPEC leaders would like to keep the price of a barrel of gasoline above $30 but it would drive up world inflation and hurt demand. They attribute the problem to over-regulation and intense speculation in the US.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Military drafts high-tech devices
Article Abstract:
The US military, including the National Guards and the reserves, is the owner of over three million personal computers. The advent of computers, many of which were produced at the behest of the military, has even managed to change the way today's wars are conducted. The presence of computers in today's battlefields, aside from its tactical operational uses in modern warfare, becomes even more vital as the common soldier comes to expect his regular e-mail from home.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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