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. Over time, government provision of cheap energy had the unintended consequence of encouraging high per-capita demand,” the authors wrote.