Watching the World: Grandstanding and scapegoating

Rilwanu Lukman must be answering the question in his sleep. Pressed by a reporter's interrogation on the opening day of the Organization of Petroleum Exporting Countries heads of state summit in Caracas last week, the OPEC secretary general lost patience. "Eighty percent of the price of fuel is taxation," he bellowed, "you figure out who's responsible for the high price of oil." One man held by OPEC to be "responsible," UK Chancellor of the Exchequer Gordon Brown, had been only slightly more politic in his blame-laying at the IMF-World Bank meeting in Prague the day before. Brown spoke of the "common" desire among the world's "rich countries as well as poor countries" for a "r...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected