A few remarks from Japanese officials on the cost of fuel. There is nothing concrete, and these may not signify much other than an attempt to calm nerves over high fuel prices, which are not helped by a weak yen (Japan imports are more expensive due to the yen’s decline).

In response to a question about petroleum subsidies, the Japanese Minister of Industry, Nishimura, stated that he would collaborate with the ruling parties and urgently consider measures to assist the public.

Finance Minister Suzuki of Japan acknowledged he was unable to make any concrete statements regarding fuel price measures. In addition, he is unable to state whether an additional budget will be compiled to finance economic measures.

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