With oil prices in free fall, OPEC has urged Norway to cut production. Foreign Minister Jonas Gahr Støre said that ain’t happening.
“Norway makes its own evaluations on an independent basis,” Støre said. He said Norwegian officials “of course” consult others, “but it’s Norway alone that makes these kinds of decisions.”
Translation: our state sovereignty is more important than trying to prop up oil prices.
(Coincidentally?) StatoilHydro announced new oil discoveries in its Visund field in the North Sea.