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Bush 'begs' Saudis to help lower oil prices, Saudis refuse

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President Bush came up empty-handed on Friday when he sat down with Saudi King Abdullah bin Abdulaziz to ask for increased oil production to spur lower prices.

Oil prices soar to $122/barrel; could go as high as $200

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Oil futures hit a new record high of $122 a barrel today as analysts predicted that prices could rise as high as $200 within the next two years.

J.C. Watts to launch first ever 24/7 black TV news channel

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As African Americans take center stage in the media over the past few months, a new black television channel hopes to capitalize on the community's interest in the news.

The politics of the gas pump

When President Bill Clinton took office in January 1993, the average price of gasoline was $1.05 a gallon. By the time he left office in January 2001, the price had risen to $1.45 a gallon, a 37 percent increase over the course of eight years. That may seem like a steep hike, until you consider what happened during the Bush Administration.

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