1. It is caused not only by drought but also by high world food prices and use of land for cash-crop exports. 2. It was the rise in world crude prices which brought energy conservation seriously into view. 3. Low world prices and large government-held stocks will make it hard for them to sell their own crop. 4. Not only is production expanding rapidly as foreign mining outfits plunge in, world coal prices have been rising. 5. The country could exploit its position as a major oil producer to push up world oil prices. 6. Moreover, Soviet oil deliveries would be charged at world prices rather than the current pricing system based on a five-year rolling average. 7. Improved world prices led to a recovery in copper production, albeit still below full capacity. 8. He added that Saudi Arabia would not reduce its output in the coming quarter, even if world oil prices were to fall. 9. The agreement maintained a preferential price for Cuban sugar, lower than that of the previous five-year period, but higher than world prices. 10. Prez also proposed a meeting of oil producing and consuming countries in order to stabilize world oil prices and to ward off a possible domestic fiscal crisis. |