Home pagePress CenterIn the Media Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by the Financial Times, "Saudi Boost to Output Deepens OPEC Division."
In the Media | Detail
Frank Verrastro, director of the CSIS Energy and National Security Program, was quoted by the Financial Times, "Saudi Boost to Output Deepens OPEC Division."
Saudi Arabia's decision to increase its oil production after intense US pressure threatens to deepen the rift that has emerged inside Opec between the moderate Arab Gulf countries and hawkish Iran and Venezuela.
Analysts said the move was linked to George W. Bush's personal plea for more oil - the second this year - and threats from leading US senators that they would try to stop a $1.4bn arms sale to Saudi Arabia. [...]
Frank Verrastro, an energy expert at the Center for Strategic and International Studies in Washington, said it looked as if Washington and Riyadh were trying to avoid the appearance that King Abdullah had been bullied into a rise by the US.
The Center for Strategic and International Studies (CSIS) is a private, tax-exempt institution focusing on international public policy issues. Its research is nonpartisan and nonproprietary. CSIS does not take specific policy positions; accordingly, all views, positions, and conclusions expressed in these publications should be understood to be solely those of the authors.
