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OPEC to Clamp Down on Oil Production

NPR | By Jack Speer
Published February 9, 2004 at 10:00 PM MST

OPEC oil ministers meeting in Algeria pledge to cut oil production by 1 million barrels a day beginning in April. More immediately, OPEC seeks to end the so-called "cheating," or overproduction, in which member states currently surpass production quotas. Analysts estimate that practice adds as much as 1.5 million barrels a day to current limits. NPR's Jack Speer reports.

Copyright 2004 NPR
NPR News
Jack Speer
Jack Speer is a newscaster at NPR in Washington, DC. In this role he reports, writes, edits, and produces live hourly updates which air during NPR programming.