ID :
10707
Tue, 06/24/2008 - 10:57
Auther :

White House welcomes Saudi Arabia's willingness to increase oil

Washington, June 24, SPA -- The White House today welcomed Saudi
Arabia's willingness to increase its oil production if needed.

White House Spokesman Tony Fratto said, "We welcome the initiative of
oil producing countries to increase their oil production including
Saudi Arabia."

He added that high energy prices are having an impact on the global
economy, and that will have consequences for both oil producers and
consumers.

The White House Spokesman said that the United States itself needs to
take steps to increase oil output in the US as the US President
George W Bush outlined last

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