Will Keeping Oil Prices High Develop Growth?

U.S. Treasury Secretary John Snow Says that by keeping oil prices high we are encouraging growth in the area. Recently John Snow formed an agreement to allow oil producers to produce less oil in order to keep prices high. This makes little sense, since affecting the market externally usually leads to inefficiency. This agreement comes at one the worst times of the year since the winter months are approaching soon and many americans will need to heat their houses. This could cause drastic inflation in our country. This makes little sense to me since many americans already struggle to afford current oil and gasoline prices. John Snow sees raising prices as a way to keep jobs. This could make sense but i see little corralation. With less production that would normally mean less workers are needed. Either way something will have to be done because sooner or later very few people will even be able to afford gasoline.