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		Home Page Mortgage News You Can Use White House says hopes OPEC won't hurt US economy Tuesday February 10, 11:17 am ET WASHINGTON, Feb 10 (Reuters) - The White House on Tuesday responded to news of a surprise OPEC decision to cut oil output limits by saying it hoped the cartel did not take actions that hurt the U.S. economy. "It is our hope that producers do not take actions that undermine the American economy and American workers, and American consumers for that matter," White House spokesman Trent Duffy said. OPEC on Tuesday agreed to the cut in oil output limits from April 1, a delegate said in Algiers, Algeria. Duffy said the action underscores the need to pass Bush's stalled energy legislation, but conceded passage would not have an immediate impact. "Had we passed an energy bill three years ago when the president called for one, we would have been in a lot better position to today to absorb market fluctuations of this kind," he said.   Continue with: Job fears spook consumers on U.S. economy - survey Snow says U.S. tax cuts must be permanent Hiring Outlook 2004, Part 2 Economists say U.S. growth spurt will end, crisis looms EU Finance Ministers Oppose Currency Sales, Clear Way for Further Advance DIARY-U.S. Treasuries, Tuesday, Feb 10 Analysts look for strong 2004 U.S. economic growth OPEC Springs Surprise Oil Output Cut SEC calls for fraud investigation Housing Affordability Improves In Fourth Quarter The Mortgage Market This Week Mortgage Application Volume Holds Steady Tax Advocates Pressure House Declaration Fails To Give Dollar a Boost Inventories, Sales Rose in Dec. Bush hits road, touting economy Euro Falls as EU Wants Weaker Currency Treasuries Higher on Hopes of Demand
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