ADVISORY/Experts Available To Discuss Russian Oil Production.

Business Editors

ADVISORY...

--(BUSINESS WIRE)--Nov. 8, 2001

TOPIC: MSNBC reports that increased oil production from Russia is threatening
OPEC's long-held grip on prices in the international market. Since peaking
about a year ago at about $35 a barrel, oil prices have been falling, sending
prices below $20 a barrel for the first time in two years, the story said. OPEC
is widely expected to cut production further at its Nov. 14 meeting, but is
troubled that Russia often refuses to go along with the production cuts,
experts in the story said. In the second quarter of this year, the countries
that make up the former Soviet Union edged out Saudi Arabia in overall
production for the first time in nearly a decade, according to the U.S. Dept.
of Energy, and Russia still retains vast untapped resources, the story said.
EXPERTS: ExpertSource can offer several highly qualified experts to comment on
this story:

George Littell is a principal at Groppe, Long & Littell, an oil and gas analysis and forecasting firm with over 130 years of combined oil and gas experience. The company has a proven reputation for accurate forecasts for the oil and gas industry and provides comprehensive research and statistics to help companies make informed decisions. PR: Shelley Eastland or Lena Stout 713/869-070; [e-mail]; [e-mail] Prof. Kim Zisk is a political scientist at the Ohio State University whose expertise includes Russian industry. 614/292-9182; 614/228-9508.

Prof. Abbas Alnasrawi is an economist at the University of Vermont whose expertise includes the economics of energy and Middle East Oil. 802/656-3064. Fred Sturm has 20 years of industry experience and is considered a leader in energy resources and the financial aspects of environmental issues. A senior Vice President at Mackenzie Financial Corporation, Fred has managed the Ivy Global Natural Resources Fund ( IGNAX) since its inception in January of 1997. He holds a Bachelor of Commerce and Finance degree from the University of Toronto and is a Chartered Financial Analyst. PR: Kim Moreau 508/695-9811; [e-mail] Sam Gejdenson represented eastern Connecticut as a Democrat in Congress for over 20 years. He served as the ranking minority member on the House International Relations Committee for many years. Under his leadership, the House International Relations Committee passed major legislation improving relations and trade with many countries such as India and Taiwan and helped pass legislation to improve the health of the world's population. Now as president of Sam Gejdenson International, Sam travels around the world representing major corporations in promoting trade and commerce internationally. PR: Ron Dresner, Your PR Department, LLC. 860/676-7777;[e-mail] Prof. Michael Spagat is an economist at the University of London. His expertise is the Soviet and Russian economies. 44 1784 414001; [e-mail]

ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue.

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