The decision at the at the general meeting of the Organization of the Petroleum Exporting Countries (OPEC) to set the price of oil at $28.35 per barrel served to calm the worldwide alarm on the hiking oil prices and supply of oil. But the relief is only slight. Experts say that the demand for petroleum will exceed the supply for years to come. For instance,in Korea, the energy consumption rate increased 7.9 percent in the first eight months of this year compared to the same period last year.