Green Car Congress

SEPTEMBER 13, 2017

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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Green Car Congress

SEPTEMBER 2, 2015

If you are the world’s leading energy economy, you produce energy, that’s what you do.”. “A If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. by Dalan McEndree for Oilprice.com. “If

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Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis Expected a Hole, Not a Bottomless Pit.

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The Truth About Cars

AUGUST 8, 2023

In July, for example, Saudi Arabia starting reducing how much oil it sends to the global economy by 1 million barrels each day. And consumers are suffering the consequences as gas prices rise, a development that threatens to undo some of the progress made on the inflation front across the economy.

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