It will pay a heavy price for not acting in 1999 to control oil prices. Now it is too late...prices might go a bit higher this winter, but further ahead in 2001 prices will start to come down and longer term it is horrible for OPEC.

• 1999年的时候它没有采取行动控制石油价格，它要为此付出惨重代价。现在已经太晚了。今年冬天石油价格或许会有所上升，但到2001年价格将会回落。从长远来看，欧佩克将会陷入困境。