Thursday, July 19, 2007

UPDATE 1-Conoco CEO says U.S., oil exporters must cooperate

(Reuters) - The oil major CEO, in a wide-ranging speech on energy
policy, said U.S. energy policy should not allow lawsuits
against oil-producing nations. The U.S. Senate has approved the
so-called "NOPEC" bill, which would revoke OPEC countries'
immunity from lawsuits for price manipulation.




"This appeal to nationalism is opposite what we should be
doing -- which is working together to encourage production,"
Mulva said.


Read more at Reuters.com Government Filings News

No comments: