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Europe Daily Bulletin No. 9021

7 September 2005
Contents Publication in full By article 28 / 43
GENERAL NEWS / (eu) eu/energy
Commissioner Piebalgs presents five-point plan to react to surge in oil prices

Strasbourg, 06/09/2005 (Agence Europe) - On Tuesday in Strasbourg, the European Commission discussed a five-point plan presented by Energy Commissioner Andris Piebalgs, in order to react to the surge in oil prices and to take initiatives allowing the immediate and the structural problems to be tackled. The situation is very different from the oil crises of the seventies and eighties as it is a “permanent” crisis with demand that has increased more than expected without supply following...

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