Rainer Hermann, Frankfurter Allgemeine Zeitung I June 24, 2008
The global energy summit meeting in Jidda (Saudi Arabia) had no easing effect on skyrocketing oil prices. ++ The oil exporting countries did not promise to increase oil output as only Saudi Arabia disposes of free capacities. ++ Yet the major consuming countries fear that oil price will lead to global economic recession. ++ A feeling of helplessness becomes evident as each party tries to pass the buck to the other. ++ Consumers demand higher oil production, while oil producers blame the financial markets for rising oil prices.