STEVE INSKEEP, Host: But Saudi Arabia's deputy oil minister told a news conference the show isn't over yet. The kingdom still plans to produce more oil in 2009 than it's producing now because of rising demand from Asia, which is now consuming more oil than Western Europe. And expectations are that oil prices will stay steadily above $60 a barrel.
Saudi Arabia, the world's top oil exporter, said it may slow investment in petroleum as consumers eye alternative fuels. Asian and Middle Eastern energy ministers are meeting in Riyadh to discuss the world's changing energy demands.