Saudi Oil Policy and the Changing World Energy Balance by Thomas R. McHale

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This paper looks at the Saudi Arabian oil policy of the 1970s and 1980s. It examines Saudi Arabia’s oil policies in the past and how they were det... (More) This paper looks at the Saudi Arabian oil policy of the 1970s and 1980s. It examines Saudi Arabia’s oil policies in the past and how they were determined. In addition, it discusses the relationship between Saudi policy and that of OPEC. The author asks what are the policy options of the present and foreseeable future within and outside of OPEC? Last, the author assesses the compatibility between the Saudi national agenda and OPEC’s objectives.(This article by Thomas R. McHale, “Saudi Oil Policy and the Changing World Energy Balance,” was published in Occasional Paper 1. Boulder, Colorado: The International Research Center for Energy and Economic Development, 1986. ISBN 0-918714-09-5). (Less)