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More Oil is Needed

Mon 09 Jun 08 | 10:36 PM ET
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More Oil is Needed

Mon 09 Jun 08 | 10:36 PM ET
The world does need more oil as proved by the high oil prices, says James Slutz, acting principal deputy assistant secretary at U.S. Department of Energy. He updates CNBC's Sri Jegarajah about what the U.S. is doing to curb the rise in oil prices.

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Politics and Government  | US Only Basic Resources
 
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