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11 Results
Oil rig
Beyond 12.5: The Implications of an Increase in Saudi Crude Oil Production Capacity
A combination of factors is encouraging Saudi Arabia to consider raising crude oil production capacity beyond the current ceiling of 12.5 million barrels per day. However, an increase in Saudi crude oil production would have consequences for markets and competing forms of energy, as well as for the kingdom's geopolitical stature, writes fellow Jim Krane in an article for Energy Policy.
Jim Krane August 24, 2017
Map of Arab Gulf
Stability Versus Sustainability: Energy Policy in the Gulf Monarchies
Rising populations and growing wealth have coupled with low domestic prices to propel huge increases in energy consumption within the six Gulf Cooperation Council countries, Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman and Bahrain. The trend of large and continuing increases in demand threatens assumptions about the sustainability of the region’s oil exports Politically difficult reforms that moderate consumption can extend the longevity of exports, and perhaps, the regimes themselves.
Jim Krane November 14, 2014