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Tuesday, October 27, 2015

Saudi Arabia may cut gas subsidies due to low oil prices - Oct. 27, 2015

Cheap oil is forcing Saudi Arabia to think the unthinkable -- cutting government subsidies on gas.



Drivers in Saudi Arabia get massive discounts on gas, paying less than 10% of average prices in Europe, according to the International Energy Agency.



Saudi Arabia may cut gas subsidies due to low oil prices - Oct. 27, 2015

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