Middle East Economic Survey
Troubled Waters Ahead
By William R Edwards
The following article was written for MEES by Mr Edwards, who is President of Edwards Energy Consultants, Katy, Texas (email@example.com).
In my MEES op-ed piece OPEC Production Cut Will Not Impact Oil Price, written after the September 2008 OPEC meeting during which the price of WTI was above $100/B (MEES, 27 October 2008), I pointed out the fact that declining demand, not OPEC mandates, would force cuts...