Airing on Tuesday, May 5, 2015: The powerful Saudi official was asked today if Saudi Arabia will keep oil prices low by sticking by it’s decision not to cut production. Oil minister Ali Al-Naimi said quote “no one can set the price of oil. It’s up to Allah,” he told CNBC. On Tuesdays we consult our analyst from the heartland, Juli Niemann, at Smith Moore and Company in St. Louis on the latest in the oil market. And this morning two food industry titans face off against federal antitrust authorities in court. The issue: whether a proposed mega-merger in the institutional food business would quash too much competition and hurt consumers. We continue the theme in food with a conversation on flavor. There’s a new book out this week titled The Dorito Effect: The Surprising New Truth About Food and Flavor. We talk to the author Mark Schatzker about the changing landscape in American cuisine.
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