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Ben Werner,
Student Newspaper Editor
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Crude oil prices weakened on Monday morning following the decision by the Organization of Petroleum Exporting Countries (Opec) to raise output by 1.
Crude oil prices fell as the Venezuelan government pledged to double its oil exports next week.
Energies: Crude oil prices declined on expectations that the OPEC ministers will agree to increase production at their meeting in Vienna Sunday.
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John Fielding,
CEO
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Oil prices have increased as a result of continued production constraints by members of OPEC, which has reduced the available supply of crude oil to world markets.
Crude oil prices topped $35 US a barrel and set new two-year closing highs on fears of war in Iraq and expectations that exports from Venezuela won't revive any time soon.
Crude oil prices continued to firm up during the month under review, trading at an average price of USD 16.
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John Carthy,
Gun Shop Sales Assistant
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Crude oil prices in Oklahoma today, are at $16 a barrel approximately one half what they were last December, but twice what they were two years ago.
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Adam Findley,
Professional Motivator
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The crude oil and natural gas prices we are now experiencing far surpasses our wildest expectations.
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Dan Toomey,
Computer Salesman
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Crude oil prices have now jumped about 33% in 10 weeks.
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Jack Crawford,
WWII Veteran
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Crude oil prices are not even at an all time high, but are simply the highest since the Gulf war.
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Josh Hogan,
Commander
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Already, crude oil prices have increased 50 percent this year due to investor fears that an Iraqi invasion would disrupt oil supplies.
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Bob Greenberg,
Congressional Candidate
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Although crude oil prices had leveled off by the late 1970s, Americans were worried about the possibility of fossil fuel supplies being restricted again in the future.
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