Saudi Arabia Turns Off the Tap: Will Gas Prices Spike?

The OPEC+ oil cartel’s surprise decision to cut oil production has the potential to cause all kinds of trouble for the global economy, and may increase geopolitical frictions between longtime allies – the US and Saudi Arabia. So what happens to US-Gulf ties when the desert kingdom turns off the tap?

 

Ray Suarez sits down with Jim Krane, author of “Energy Kingdoms: Oil and Political Survival in the Persian Gulf,” to unravel what these escalating tensions mean.

 

Guest:

 

Jim Krane, author of “Energy Kingdoms: Oil and Political Survival in the Persian Gulf”, journalist, and the Wallace S. Wilson Fellow for Energy Studies at Rice University’s Baker Institute for Public Policy in Houston.

 

Host:  

 

Ray Suarez

 

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