On the recordMarch 16, 2011
I think it has come out quite clearly in the testimony today that oil prices are much more a function of what OPEC does than a function of the rate of issuing oil drilling permits.
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congress.govRush Holt: “I think it has come out quite clearly in the testimony today that oil prices are much more a function of what OPEC does…”
Editor's note · Context
Holt emphasizes OPEC's influence on oil prices over domestic drilling permits.
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