15.01.2009 - Qatar oil min says $70 right price for oil
From Guardian:Oil at $70 a barrel is the right price to keep companies and producers investing in new resources, Qatar's oil minister said on Wednesday. "Low oil prices will reflect a freeze in investment in new resources. When growth comes back, we will have another shock, as resources will not be there to meet demand," Abdullah al-Attiyah said on the sidelines of Petrotech, India's biggest oil and gas conference..... Full Article: Source