Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, August 23, 2011

Is oil pricing itself out of the market?

Is oil pricing itself out of the market?
Edmonton, Canada (SPX) Aug 23, 2011 - University of Alberta researcher Andrew Leach likes the way Saudi Prince Alwaleed bin Talal thinks. A new paper by Leach, an associate professor in the Alberta School of Business, and fellow University of Alberta economics researcher Ujjayant Chakravorty, posits scenarios that parallel a statement Alwaleed made in May declaring that it is in the best interests of Saudi oil producers to keep oil ... more

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