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With shale, “the assets don’t go away because you haven’t destroyed the field,” said Ken Medlock, senior director of the Center for Energy Studies. “We’ll see a thinning of the herd but the assets will still be there.” | March 30, 2020, 9:39 a.m.
Ever wonder why Saudi Arabia and the Gulf oil states consume so much of their own oil? Or how they're preparing for climate change? Or how they'll survive $20 oil? Listen to energy fellow Jim Krane's podcast for POMPEPS: https://bit.ly/33UeJmC | March 30, 2020, 9:35 a.m.
"With any luck, the price war will be called off before the world finds out which petrostate can withstand the most economic damage," writes energy fellow Jim Krane. Read more about his views on the breakdown in Russia-Saudi relations in the World Politics Review. | March 24, 2020, 5:18 p.m.
"What makes this oil shock different than any other oil shock post World War II is that it’s all fear-driven," said Center for Energy Studies director Ken Medlock. "It feels like the world is falling apart, and there’s no telling how long this will last.” Read more at the Houston Chronicle. | March 20, 2020, 2:18 p.m.