Host Bob Edwards talks to Roger Diwan of the Petroleum Finance Company in Washington, DC, about the prospect that Saudi Arabia will increase its oil production by 500-thousand barrels a day. The production increase will have implications for the price of gasoline. Diwan says that, if Saudi Arabia decides to go ahead and start pumping that much more oil, crude oil prices could fall within a short period of time and lower gasoline prices could follow later this summer.
Copyright 2000 NPR
