He called $60 a barrel for oil a "fair price" and said oil prices should be kept at "an equilibrium with global economic growth." He cautioned if prices are allowed to edge toward $70-a-barrel "everybody gets nervous" about the impact on the global economy.
On Wednesday, light sweet crude for April delivery on the New York Mercantile Exchange edged close to $62 a barrel.
"A fair price is what markets can sustain," said Daukoru, who is in Washington for a round of visits with administration officials including Energy Secretary Samuel Bodman later in the day. Associated Press, Mar. 1
I have trouble trusting anyone from the same country (NIGERIA) that is responsible for 99% of internet scams and spam. This is not really art-related, unless you count gas prices cutting into my art supply fund and shipping costs (to galleries/museums). - DN