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$110..60 for the barrel. that is increase of about $7 since yesterday and the highest level it has been since 2011. the release of oil from the strategic petroleum reserve that the president announced has had absolutely no impact on price. prices have continued to rise, obviously. we have got a graph that i think shows you the ebb and flow of oil and the spr. not a dangerously low levels but it just had no impact on price. that said, there is help from u.s. producers. we are told that there are now 650 working rigs, oil rigs and natural gas drilling rigs in the u.s. that s an increase of five just in the last week and an increase of 250 over the course of the last year. so that s good news. but, as you suggest at the outset, a lot of people wondering why the president doesn t do more to encourage u.s. producers. among those people wondering the president of the american petroleum institute who tells fox business today u.s. producers can and are willing to

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