Green Car Congress

SEPTEMBER 2, 2015

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. percent increase) and 2016 (3.5 Reaching both 12.5

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Green Car Congress

AUGUST 25, 2015

In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. percent in 2016. Impact on Non-OPEC Producers as Advertised? The IEA projects Brazil’s output, despite Brazilian political turmoil, growing 6.45

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Green Car Congress

OCTOBER 6, 2015

per barrel prices in 2015 and 2016, oil export revenues will undershoot these pessimistic IMF projections, as crude prices are projected to stay below $60 through 2016 (EIA estimates for Brent are $54.07 in 2015 and 2016 respectively). in 2015 and 2016 respectively). billion respectively).

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Green Car Congress

AUGUST 13, 2015

percent in 2016. million), and its allies, UAE (2.87), Kuwait (2.8), and Qatar (.67), The Financial Times quoted analysts as estimating the Saudi budget deficit in 2015 at $130 billion. Even with massive deficit spending, the IMF estimated GDP growth would slow from 3.6 percent in 2014 to 3.3 percent in 2015, and then just 2.7

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