MacroVoices #358 Robert Friedland: Geopolitical outlook & Geothermal Energy Revisited
Macro Voices
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Saudi Arabia's Role in the Oil and Gas Industry
Robert Zoellick: Europe is in an energy crisis right now and it could easily get much worse. He says Saudi Arabia is the only country that has immediately available swing capacity. But potential downside from bad actors like North Korea or Iran or Russia dwarf Saudi Arabia's potential ability to cushion an energy crisis with more production, he says. "I've come to realize the fragility of the whole global system," Zoellick adds.
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