Saudis' Oil Boost May Not Help U.S. Gas Prices

Saudi Arabia has pledged to put out more oil this year if the market needs it. The pledge falls short of U.S. hopes for a specific increase and may do little to lower prices in the short-term.

Co-host Ari Shapiro talks with Carola Hoyos, the chief oil correspondent for the Financial Times, about Sunday's oil conference in Jiddah, Saudi Arabia.

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