REDUCED production by Opec oil exporters risks causing another damaging oil price spike this year, an influential energy consultancy warned on Monday.

The Centre for Global Energy Studies (CGES) urged the 12-member Opec cartel to raise production to help lower prices and avoid another shock on the oil market during the northern hemisphere summer.

Nansen??
Nansen???
Nansen ??????

He's not answering me... you go find him.

More and more we seem to be hearing desperate cries for increased production as well as more emotional reassurances in the form of attacks on "peak oil doomsdayers". Don't be the messenger to tell the king the battle was lost.

I wish we could afford the life we are living.

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