Yemen’s Oil-Deadly Decline Rate
The failed Christmas plane bomber’s links to Yemen brought that country back under the geopolitical microscope. But a dark headline about Yemen the day before Christmas went virtually unnoticed. The below-the-radar message: “Yemen Reports Disastrous Drop in Oil Revenues.” Yemen’s oil production, and the national budget it has recently propped up, is cratering. And the plane bomber’s training on Yemeni soil will likely add a risk premium to the very investments needed to help slow down Yemen’s oil slide.


