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With budget needs at above $85 per barrel, the Saudis desperately need prices at above $70 per barrel, they also need to convince Russia that the strategy of output cuts makes sense despite the loss of market share to the United States.

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    Quiz

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    Who said: "If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 60 years ago, a liberal 30 years ago and a racist today."?
    A Larry Elder
    B Barack Obama
    C Thomas Sowell
    D Ron Paul