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    Not if you talk to oil industry analysts who emphasize that the reduction is due to the whims of Saudi Arabia and not to any change in policy or procedure by U.S. oil companies. "Saudi Arabia runs the cartel (OPEC) so when they want to keep prices up, they price it so that no one wants it" energy analyst Philip Verleger tells Huffington Post. Full Article at Huffington Post
    Saudi Arabia runs the cartel (OPEC) so when they want to keep prices up, they price it so that no one wants it
    SOURCE: Huffington Post 1 month ago