Oil guru Daniel Yergin, author of "The Prize," the Pulitzer-winning examination of the oil industry, said the ailing Asian economies that helped create the slump "probably already are on a road to recovery, and by the year 2000 we will see a pretty consistent recovery."
That fairly optimistic prediction, based on a report by Yergin's firm, Cambridge Energy Research Associates, that was released at the API meeting, noted that economic reform is progressing, particularly in South Korea and Thailand.
