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Tuesday, August 23, 2011

Is oil pricing itself out of the market?

Is oil pricing itself out of the market?
Edmonton, Canada (SPX) Aug 23, 2011 - University of Alberta researcher Andrew Leach likes the way Saudi Prince Alwaleed bin Talal thinks. A new paper by Leach, an associate professor in the Alberta School of Business, and fellow University of Alberta economics researcher Ujjayant Chakravorty, posits scenarios that parallel a statement Alwaleed made in May declaring that it is in the best interests of Saudi oil producers to keep oil ... more

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