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Bush to confront oil cartel pressuring prices in coming term
President-elect Bush faces OPEC moves to curb production and prop up prices amid slow global growth. The cartel cut about 1.5 million barrels daily, sparking calls for a stronger long term energy policy and sharper diplomacy with OPEC members.
MENTIONED IN THIS ARTICLE
Washington
Bush
OPEC
Organization of the Petroleum Exporting Countries
Transition
Ari Fleischer
Vienna
Austria
Clinton
Congress
Whit House
Bill Richardson
Persian Gulf
Richardson
Saudi Arabia
Kuwait
Spencer Abraham