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  • Saudi Output Means Higher Oil Prices

    By Tony Daltorio - March 6, 2012 | Tickers: DBO, CRUD, BNO, USO

    As American consumers fill up their vehicles with increasingly expensive fuel, they surely must be wondering why prices are rising so steeply. Putting aside all the conspiracy theories, one very good answer to drivers' dilemma lies half a world away in Saudi Arabia. 

    It looks as if Saudi Arabia is ramping up its oil production in order to help offset the looming shortage of oil on the market due to more »