
it fair 2011 junePeople are talking about an increase,” Angolan Oil Minister Jose Maria Botelho de Vasconcelos told reporters yesterday in the Austrian capital. “We have to wait and see. My feeling is there is no need. The market is supplied at this time. There are some geopolitical problems.” The Organization of Petroleum Exporting Countries, which pumps 40 percent of the world’s crude, will raise its official ceiling on output for the first time since September 2007, a Gulf delegate with knowledge of the matter said yesterday.
Michael Wittner, the head of oil-market research at Societe Generale SA in New York, said yesterday that OPEC is likely to increase its target by as much as 1.5 million barrels a day. Morgan Stanley forecast an increase of 1.5 million barrels starting this summer. Dr. Biden, a lifelong educator and wife of Vice President Joe Biden, works to highlight the importance of community colleges, to raise awareness about the sacrifices made by military families, and to bring attention to women's health issues, including breast cancer.
While continuing to teach English at a community college in the Washington area, she also travels often to military bases in both the United States and abroad to speak with service members and their families and to raise awareness for their sacrifices. "Joining Forces" is a national initiative to mobilize all sectors of society to give service members and their families the opportunities and support they have earned. As part of this effort, Dr. Biden alongside First Lady Michelle Obama are highlighting issues of special importance to the military families with which they have met across the country, including the subjects such as employment, education, and wellness. For more information on this initiative, visit http://www.whitehouse.gov/joiningforces.
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