Aramco Projects: A Closer Look
Abdullah al-Saif, Aramco’s senior vice president for exploration and production, was quoted in the March 14 edition of the Daily Star about future oil production projects in Saudi Arabia. Let us take a look at the projects he named in more detail.
March 20, 2005
The End of The Oil Standard
Few commentators have recognized the significance of OPEC’s January 30 decision to temporarily suspend their price band mechanism. If the suspension is indeed temporary, it may not be that important. If it isn’t, there are some interesting parallels to the suspension of the U.S. gold standard in 1968 to 1971.
February 7, 2005