2001 world oil market chronology

Sources include: Dow Jones (DJ), New York Times (NYT), Wall Street Journal (WSJ), and the Washington Post (WP). January 10 The White House announces that President Clinton will not designate the Arctic National Wildlife Refuge (ANWR) as a national monument prior to his departure from office. Environmentalist groups had been pressing for national monument status for the ANWR to prevent oil drilling. (DJ) March 17 OPEC decides to cut output by 4% or 1 million barrels (160,000 m3) per day, effective April 1. The cut is aimed at preventing a price collapse in a time of weakening demand. (NYT)

2001 world oil market chronology

Sources include: Dow Jones (DJ), New York Times (NYT), Wall Street Journal (WSJ), and the Washington Post (WP). January 10 The White House announces that President Clinton will not designate the Arctic National Wildlife Refuge (ANWR) as a national monument prior to his departure from office. Environmentalist groups had been pressing for national monument status for the ANWR to prevent oil drilling. (DJ) March 17 OPEC decides to cut output by 4% or 1 million barrels (160,000 m3) per day, effective April 1. The cut is aimed at preventing a price collapse in a time of weakening demand. (NYT)