Middle East Economic Survey

VOL. LII

No 9

2-Mar-2009

Achieving Energy Stability In Uncertain Times

By Ali Naimi

The following article is an edited version of a keynote address made by Saudi Arabian Minister of Petroleum and Mineral Resources Ali Naimi to the CERA Week conference in Houston on 10 February.

The year 2008 was one of unprecedented turmoil and volatility, the likes of which have not been seen since the Great Depression of the 1930s. A year ago, we were riding the crest of a wave of...