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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Opinion: Blaming Rising Fuel Prices on High Temps is Dumb

The Truth About Cars

In July, for example, Saudi Arabia starting reducing how much oil it sends to the global economy by 1 million barrels each day. It’s often the key argument for why you’re paying more at the pump — apparently, it’s all about climate change.& Today’s U.S. Russia is also exporting less, he said.

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