Dominican President Leonel Fernandez, speaking at a gathering of Dominican residents in Miami at the inauguration of the Consulting Commission there, told his audience that he would ask the United Nations to sponsor a World Oil Summit to propose solutions the aggressive rise in oil prices over the last few weeks. Fernandez said that he would tell the General Assembly that rising oil prices are going to ruin the world economy. According to Diario Libre, Fernandez will “ask the industrialized nations to urgently push for a summit meeting on the oil issue.” He said he would be presenting his proposal during his speech before the 60th United Nations General Assembly that gets under way in New York City this week.