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Center for Energy Studies



Why OPEC Won’t Heed Biden’s Calls For More Supply

Peter Volkmar

Why OPEC Won’t Heed Biden’s Calls For More Supply.

The Biden administration claims the oil market is undersupplied. OPEC, market watchers, and even Biden’s own Energy Information Administration disagree. What do the numbers say? Peter Volkmar assesses the global oil market on the Baker Institute Blog.

This post originally appeared in the Forbes blog on August 31, 2021.