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.
A corrected proof of the article is posted below. Click here to read it in Energy Policy (subscription required).
Sept. 8, 2017, 1:47 p.m.