Deborah Gordon, Smriti Kumble, David Livingston
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OPEC Panel Discussion
OPEC’s decision to maintain production levels despite falling prices was a surprise to many in the energy industry.
Source: World Affairs Council of Houston
Led by Saudi Arabia, OPEC’s decision to maintain production levels despite falling prices was a surprise to many in the energy industry. Various reasons for OPEC’s decision have been put forth such as a desire to discourage U.S. shale production or to undermine Iran’s oil based economy.
Panelists James B. Adams, Chris Faulkner, Pradeep Anand and David Livingston discussed the possible rational behind OPEC’s decision, what this means for the markets and the oil producing countries, and what we can expect for the near future.
This event was originally published by the World Affairs Council of Houston.
About the Author
Former Associate Fellow, Energy and Climate Program
Livingston was an associate fellow in Carnegie’s Energy and Climate Program, where his research focuses on emerging markets, technologies, and risks.
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Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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