Energy Futures Update

US Energy Secretarty followed OPEC's 1.2 million output cut, with a warning that prices were still at historical highs and market interventions wasnt beneficial for consuming countries such as the U.S.
He also announced that US must cut dependence on foreign energy.
Late thursday OPEC agreed to a suprise decision to cut 1.2 Million barrels/day -
200,000 more than first announced