http://money.cnn.com/2015/01/22/news/economy/saudi-king-dead-oil/
Everyone is excited for all the prices of gasoline going down. I know it costs almost half of what it used to, to fill the tank in my car. This amounts to huge savings not just for me, but everyone that drives a car. We used to be held hostage by the prices at the pump. Not in recent weeks however. What some of you may not know, is that the king of Saudi Arabia has passed away. Saudi Arabia hold 16% of the world's oil reserves. Everyone is asking themselves, will his passing effect the prices at the pump? The answer is, it has slightly caused a raise in the prices. But don't worry because the transfer of power in Saudi Arabia is expected to be smooth and the oil will keep flowing freely.
Zackary Ledlow
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