OPEC’s refusal to cut crude oil production is like a declaration of war on the United States’ energy industry. Amidst falling oil prices, policymakers have largely stayed out of the fray, leaving U.S. shale oil producers locked in a price war while the public enjoys lower gas prices. However, with the price of oil hovering … Continue reading
When I recently visited Professor Robert Weiner at the George Washington University (GW), he was unimpressed by the flurry of speculation about Saudi Arabia’s response to falling global oil prices. Dr. Weiner, the chair of the International Business Department at GW’s School of Business, pointed out that Saudi Arabia doesn’t mind the lower oil prices and … Continue reading
Policy Interns 