OPEC+, which is led by Saudi Arabia and Russia, announced this week that it is cutting oil output by 1.2 million barrels per day starting in May. This amounts to removing roughly 1% of oil from the global market. Our experts discuss the far-reaching consequences of this move for U.S. gas prices, American energy security, and U.S.-Saudi relations.
Discussants:
The Honorable David M. Satterfield, Director, Baker Institute for Public Policy and the Janice and Robert McNair Chair in Public Policy
Mark Finley, Fellow in Energy and Global Oil, Baker Institute for Public Policy
Jim Krane, Ph.D., Wallace S. Wilson Fellow for Energy Studies, Baker Institute for Public Policy
Kristian Coates Ulrichsen, Ph.D., fellow for the Middle East, Baker Institute for Public Policy
Baker Briefing is a podcast that tackles the most critical foreign and domestic policy issues of the day in conversations with experts at the Baker Institute. Hosted by the Honorable David M. Satterfield, director of the Baker Institute, new episodes are released weekly.
Each episode of Baker Briefing is recorded in front of a live audience at Rice University in Houston, Texas. You can attend live recordings by joining the Baker Roundtable, the Baker Institute’s membership forum.
