During these talks the seven outside oil producers offered to reduce their exports by 183,000 barrels of oil a day collectively.

The facility reduces dependence on oil by more than one million barrels per year.

That decision appears to have led to the consensus to reduce production by 1.5 million barrels a day.

The decision to shut down the oil field and replace the faulty segment of pipeline will reduce output by 400,000 barrels per day.

Congress adopted the limit in 1974 as a fuel-saving measure and it reduced demand by 25 million barrels of oil annually, about 2 percent.

Mexico agreed to reduce its exports by 100,000 barrels a day starting April 1.

That led the agency, which advises 26 oil-consuming nations, to reduce its forecast for global oil demand for 2005 by 70,000 barrels a day.

The President's energy proposal would reduce our oil imports by 4.5 million barrels per day by 2025.

The biggest sacrifice in production is to come from Saudi Arabia, which plans to reduce its output by 425,000 barrels daily.

Mexico, which reduced its output by 100,000 barrels a day at the beginning of April, plans to cut another 100,000 in July.