Not Even Saudi Arabia Can Save Us From High Oil Prices (USO, OIL, DBO, XOP, XES, MRO, MPC)

Jason Simpkins:  With oil prices (NYSEARCA:USO) soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary.  But while that assurance managed to siphon a few dollars off of oil futures, the reality is there's nothing Saudi Arabia - or anyone else, for that

NYSE:DBO March 28, 2012 11:25am

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