Baker Institute: End of the ‘Big Oil giveaway’ is underway in the Persian Gulf
Green Car Congress
MAY 4, 2016
In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. Across the Gulf, Iran has taken similar steps. The authors said energy subsidies have long outlived their usefulness.
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