Saudi Arabia’s plan to boost production next month was seen as a sign that the Saudis are nervous about the political and economic effect of high oil prices.


Saudi Arabia’s plan to increase its oil output next month was seen as a sign that the Saudis are nervous about the political and economic effect of high oil prices.


The move, which could bring the kingdom’s output to its highest level ever, was seen as a sign that the Saudis are nervous about the effect of high oil prices.


The president, on a trip the Middle East, had hoped to persuade the king of Saudi Arabia to release enough oil to drive down prices and give American consumers some relief at the pump.


The Saudis announced that they had increased output starting on May 10, but they seemed to reject a request by President Bush, who was visiting, to raise oil production further.


The Saudis announced that they had increased output starting on May 10, but they seemed to reject a request by President Bush, who was visiting, to raise oil production further.


With the price of oil hitting record highs, President Bush used a visit with King Abdullah to try to persuade the Saudis to increase oil production and was rejected yet again.


President Bush will use a visit to King Abdullah’s ranch to attempt to persuade the Saudis to increase oil production.


 
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