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Baker Briefing | Center for Energy Studies | Political Economy of the Arab Gulf | Podcast

Drilling Down on the OPEC+ Oil Production Cuts

April 5, 2023 | David M. Satterfield, Mark Finley, Jim Krane, Kristian Coates Ulrichsen
Offshore oil platform at sunrise/sunset

Table of Contents

Author(s)

David M. Satterfield

Director, Baker Institute for Public Policy | Janice and Robert McNair Chair in Public Policy

Mark Finley

Nonresident Fellow | CES Director's Council

Jim Krane

Diana Tamari Sabbagh Fellow in Middle East Energy Studies | CES Lead, Energy and Geopolitics in the Middle East | Codirector, Middle East Energy Roundtable

Kristian Coates Ulrichsen

Fellow for the Middle East | Codirector, Middle East Energy Roundtable

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Tags

OPECOPEC+Oil


OPEC+, which is led by Saudi Arabia and Russia, announced this week that it is cutting oil output by 1.2 million barrels per day starting in May. This amounts to removing roughly 1% of oil from the global market. Our experts discuss the far-reaching consequences of this move for U.S. gas prices, American energy security, and U.S.-Saudi relations. 

Discussants: 

  • The Honorable David M. Satterfield, Director, Baker Institute for Public Policy and the Janice and Robert McNair Chair in Public Policy

  • Mark Finley, Fellow in Energy and Global Oil, Baker Institute for Public Policy

  • Jim Krane, Ph.D., Wallace S. Wilson Fellow for Energy Studies, Baker Institute for Public Policy

  • Kristian Coates Ulrichsen, Ph.D., fellow for the Middle East, Baker Institute for Public Policy

About Baker Briefing

Baker Briefing is a podcast that tackles the most critical foreign and domestic policy issues of the day in conversations with experts at the Baker Institute. Hosted by the Honorable David M. Satterfield, director of the Baker Institute, new episodes are released weekly.

Attend a Live Recording

Each episode of Baker Briefing is recorded in front of a live audience at Rice University in Houston, Texas. You can attend live recordings by joining the Baker Roundtable, the Baker Institute’s membership forum.

© 2023 by Rice University’s Baker Institute for Public Policy
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