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OPEC cuts spark concern over gas prices and profits
OPEC ministers defend a production cut as stabilizing crude markets, while U S officials warn of price volatility and higher costs. Analysts differ with some calling the move modest and others saying it will raise pump prices. AAA Kansas notes rising prices and offers fuel saving tips as Kansas averages about 1 40 per gallon.
MENTIONED IN THIS ARTICLE
OPEC
Ali Rodriguez
Gulf Oil
U.S. Energy
Bill Richardson
Richardson
Paul Willhite
Chemical and Petroleum Engineering
Kansas University
Cherie Sage
AAA Kansas
Kansas
U.S. Department of Energy
AAA
Sage
United States
Kyle Cooper
Salomon Smith Barney
Houston