Energy

4 Items

Leaders of the Gulf Cooperation Council (GCC) countries meet at a summit in Doha in December 2014.

Getty Images/Marwan Naamani

Analysis & Opinions - Agence Global

The GCC states face their biggest challenge ever

| December 30, 2015

"Keep your eyes on the oil-fueled Gulf Cooperation Council (GCC) Arab states in the year ahead, because they are just starting to experience a genuinely novel, almost existential, challenge that will test the quality of their statehood and national integrity as these have never been tested before. The issue that sparks this historic reckoning of statehood and citizenship in the GCC is not Iran’s nuclear future, the fate of “Islamic State,” nor the wasteful war in Yemen. It is the sudden array of sharp fiscal adjustment measures that most GCC states have announced in the past three weeks..."

An oil pipeline through Iraq

thecollegeconservative.com

Analysis & Opinions - Bloomberg Opinion

Future of Oil Hangs on Iraqi Politics

| July 9, 2014

Fears that events in Iraq will send global oil prices soaring have abated. Yet, the crisis has potentially huge implications for oil. Under any conceivable outcome to the current situation, oil production from Iraq will fail to meet recent expectations. The reason for this dire prognosis is that politics – not security or logistics – will be the biggest determinant of Iraq’s oil trajectory in the years ahead.