Get Real!
The muddle over oil production targets shows the lack of an energy development strategy. The government should immediately intervene in the consumer sector.
May 5, 2010
THE recent confusion over oil production targets is worrying. The government seems unable to set a target for this year. Initially the target was set at 955,000 barrels per day, which was later revised to 965,000 barrels. Then came reports from the field that a realistic target should be only 917,000 barrels per day.
This is more than a dispute over numbers. There are more substantial issues here. The tugging and pulling over the target shows th
...