International efforts are being made to counter the upward swing of oil prices. The Saudi Arabian King said the country will increase production point-7 million-barrels daily from the current 9-million-barrels by next month. This will mark the highest oil production rate since 1981. Some US officials say that while the Saudi Arabian efforts will help with domestic prices, the Middle Eastern country actually has the supply to increase production more significantly. Last week, President Bush asked Congress to allow oil drilling in untapped waters and thus increased production in the oceans off the US coast. The average price of gas domestically rose about 10 cents in the past 14 days, now putting it at 4-dollars and-10-cents.
With this latest record-high gasoline price, consumers are looking for alternative ways to cut-down on fuel costs. One company helps its employees ease the high-gas-price trend by optioning workers to turn their vehicle into a moving billboard. Jobing-dot-com gives free gas plus a 500-dollar incentive, to post professional advertising decals on employee cars. It costs the company about 3 to 4-thousand dollars for the car make-under, and about ..........