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Oil Crisis / Summit #896738

NBC Evening News for Sunday, Jun 22, 2008
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(Studio: Lester Holt) Report introduced.

(New York: Kevin Tibbles) The emergency oil summit in Saudi Arabia at which the Saudis announced only a slight increase in oil production examined. [Oil industry analyst John KILDUFF†- characterizes the meeting as a bust.] [Saudi Arabia petroleum minister Ali NAIMI†- says supply is not a problem.] [CNBC's Melissa FRANCES - comments on the summit.] [MOTORIST - reacts.] [Representative Edward MARKEY - complains.] [Travelocity senior editor Genevieve SHAW BROWN†- gives consumer advice to travellers.] [Traveller Katie BRANCH - explains why she is buying a bus ticket.]

(Studio: Lester Holt; New York: Erin Burnett) The likely reaction of the oil market to the summit's decision, an ongoing tight oil market with demand increasing in China and India and the hopes for a drop in oil/gas prices discussed.

(Studio: Lester Holt) Burnett's special on India noted.

Reporter(s):
Holt, Lester;
Tibbles, Kevin;
Burnett, Erin
Duration:
00:04:50

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