Saudi Arabia and the Price of Oil

U.S. President George W. Bush welcomes Saudi Arabia's Crown Prince Abdullah to his ranch.

U.S. President George W. Bush welcomes Saudi Arabia's Crown Prince Abdullah to his ranch in Crawford, Texas, April 25. hide caption

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Saudi Crown Prince Abdullah is in Texas speaking with President Bush. Terrorism and security are likely to be likely topics of discussion. But a subject on the minds of many Americans is the price of oil and prospects for relief in the future.

Guests:

Judith Kipper, director of the Middle East Forum at the Council on Foreign Relations

Phil Flynn, vice president and senior oil analyst at Alaron Trading, Chicago

Jim Burkhard, director of oil market research at Cambridge Energy Research Associates

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