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CNBC's "Last Call"
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The Saudis' Response to Higher Oil Prices
The Saudis have not cut one barrel, but yet today they enjoyed an 8% increase in the prices that they're receiving. The White House has been muted because it doesn't want to have a brawl like we had last October. There are other things that are at stake here including climate change and Mideast geopolitical issues.
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