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Gas prices drop; fluctuations predicted to continue
By: Bill O'ReillyJune 15, 2011
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STORY EXCERPT
Los Angeles Times: Oil and pump prices fell as the world's biggest petroleum exporter took steps Friday to boost its output. Saudi Arabia may increase its oil production by as much as 13% in coming days, a Saudi newspaper reported Friday. The word came just two days after the Organization of the Petroleum Exporting Countries snubbed a Saudi call to raise production quotas to reduce prices and help boost the global economic recovery.
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