Yahoo News
Divisions within OPEC were exposed as Saudi Arabia was to increase production by 200,000 barrels a day and Kuwait said it was ready to follow, but the cartel's president insisted that opening the taps further is not the answer to the price crisis.
On cable:
CNN international this morning reports calls for OPEC to bring significant investments to alternative energy markets.
Also:
Calls are being made on Saudi Arabia to provide significant aid to emerging markets.
My take on all this:
-OPEC can't produce much more, and they'll cover this fact with squabbling, for the moment.
-So much capital is flooding into OPEC that the west of the world wants a say in how it's spent. What they are calling for speaks volumes.
-The United States is about to exit the international aid business. We can't afford it.