Sunday, June 15, 2008

Saudi Arabia plans to increase oil production by 200,000 barrels a day

"The king believes that the current oil prices are abnormally high, and he is ready to restore prices to their appropriate levels," SPA quoted Ban as telling reporters in Jiddah."

If the King is saying that oil prices are abnormally high, that means that somebody, other than the Saudis are artifically inflating oil prices and making a killing in the process.

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