To the chagrin of sport utility vehicle owners, US gasoline prices continue to rise. OPEC and non-OPEC affiliated oil producing companies have tightened the supply of oil, thus driving up the demand and the prices. In early February, oil prices reached a nine-year high, surpassing the $30 per barrel mark for the first time since 1991. Consumer gasoline prices have leaped over 50 percent, averaging...

This week's In the News looks at the latest attempts by the Organization of the Petroleum Exporting Countries (OPEC) to curb record low oil prices. In an effort to lift prices from 1998 lows of ten dollars per barrel to eighteen dollars per barrel by April 1, 2000, OPEC ministers agreed to limit oil exports by 2.1 million barrels per day at a March meeting in Vienna. The so-called Hague pact...