The OPEC Deal: Challenges and Realities of Curbing Oil Production - Jamie Webster (10/3/16)

Columbia Energy Exchange features in-depth conversations with the world’s top energy and climate leaders from government, business, academia and civil society. The program explores today’s most pressing opportunities and challenges across energy sources, financial markets, geopolitics and climate change as well as their implications for both the U.S. and the world.

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The Organization of Petroleum Exporting Countries took many by surprise last week with its decision to consider making cuts in crude oil production to help lift prices and rebalance the market. Now the world will wait to see if a firm decision is made at OPEC’s next regular meeting in November. Host Bill Loveless sits down with one of our Fellows at the Center on Global Energy Policy, Jamie Webster, to discuss OPEC’s decision, a change in course from the last two years of free-flowing oil.