{"id":2388,"date":"2004-05-21T08:57:58","date_gmt":"2004-05-21T12:57:58","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/dbnews\/2004\/05\/21\/no-relief-at-the-pump\/"},"modified":"2004-05-21T08:57:58","modified_gmt":"2004-05-21T12:57:58","slug":"no-relief-at-the-pump","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/2004\/05\/21\/no-relief-at-the-pump\/","title":{"rendered":"No Relief at the Pump"},"content":{"rendered":"<p><a name='a3385'><\/a><\/p>\n<table width=\"537\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tr>\n<td>\n<p>  <img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/cyber.law.harvard.edu\/blogs\/static\/dowbrigade\/armleg.jpg\" width=\"410\" height=\"269\" align=\"left\">AMSTERDAM (Reuters)<br \/>\n        &#8211; OPEC producers on Friday sought to play down expectations of a quick<br \/>\n        fix for an oil price scare that is threatening to derail global economic<br \/>\n        growth.<\/p>\n<p>The Organization of Petroleum Exporting Countries holds informal talks in Amsterdam<br \/>\non Saturday to consider a Saudi proposal to increase production quotas by at<br \/>\nleast six percent.<\/p>\n<p>But OPEC is telling consumer nations that it is not to blame for a spike in prices<br \/>\nthat has kept U.S. crude above $40 a barrel for 10 days.<\/p>\n<p>&quot;I don&#8217;t think that control is in OPEC&#8217;s hands,&quot; UAE Oil Minister Obaid<br \/>\nbin Saif al-Nasseri told Reuters on his arrival in Amsterdam. &quot;There are<br \/>\nmany factors behind these prices.&quot;<\/p>\n<p>from<a href=\"http:\/\/www.reuters.com\/newsArticle.jhtml?type=businessNews&amp;storyID=5219332\"> Reuters<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>AMSTERDAM (Reuters) &#8211; OPEC producers on Friday sought to play down expectations of a quick fix for an oil price scare that is threatening to derail global economic growth. The Organization of Petroleum Exporting Countries holds informal talks in Amsterdam &hellip; <a href=\"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/2004\/05\/21\/no-relief-at-the-pump\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":299,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1443],"tags":[],"class_list":["post-2388","post","type-post","status-publish","format-standard","hentry","category-esl-links"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts\/2388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/users\/299"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/comments?post=2388"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts\/2388\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/media?parent=2388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/categories?post=2388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/tags?post=2388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}