Simon Henderson is the Baker Senior Fellow and director of the Bernstein Program on Gulf and Energy Policy at The Washington Institute, specializing in energy matters and the conservative Arab states of the Persian Gulf.
Articles & Testimony
A boost in Saudi production to make up for any Iranian shortfall, joined by an expansion in regulated U.S. fracking, might help keep fuel costs in check.
The price of oil is going up but the good news is that there isn't going to be a shortage—or so our Saudi allies tell us. It is some consolation that there shouldn't be lines at gas stations, but why are we having to pay so much? There are multiple reasons, and you will probably hear all of them during the coming summer-driving season, as lobbyists for oil companies, OPEC members, electric cars and others try to spin the narrative…