OPEC Says Production To Remain Steady; Gas Prices Too?
June 08, 2011 at 10:26 AM EDT
There’s bad news this morning for drivers awaiting cheaper gas: the Organization of Petroleum Exporting Countries (OPEC) has reached a decision to maintain current output levels, not increase them as had been hoped. Saudi Arabia and its Gulf neighbors had pushed for increased output, largely to calm fears that crude was overpriced for market...