US DOE, IEA heads hold Paris meetings

09/06/2004
US Sec. of Energy Spencer Abraham met Aug. 24 separately with French Industry Minister Patrick Devedjian and International Energy Agency Executive Director Claude Mandil in Paris. The major topic for discussion at both meetings was the current high price of crude oil on the world market.During their meeting, Abraham and Devedjian "agreed on the need to increase oil production capacities and to, therefore, proceed with investments to that end." They also both concurred that "renewables would be one of the answers to the threats affecting oil prices." In addition, Abraham outlined the various current research trends for renewable energy in the US.Mandil told OGJ that both he and Abraham he...
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