Article: Oil Price Tops $30 per Barrel as Saudi Arabia Curbs Output.

By Stephen J. Glain, The Boston Globe Knight Ridder/Tribune Business News

Aug. 29--WASHINGTON-- s Americans face near-record prices for a gallon of gasoline -- more than $2 a gallon in some parts of the country -- the world's largest petroleum-producing nation is rationing supply to drive crude costs higher.

Since the removal of Ira...i dictator Saddam Hussein, Saudi Arabia has curbed its oil output by more than a million barrels a day to keep prices above $22 to $28 a barrel, the range preferred by the Organization of Petroleum Exporting Countries. The result: The price of oil has climbed above $30 a barrel and looks like it could stay that way ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!