Former US Energy Secretary Bill Richardson joins senior oil editors Meghan Gordon and Brian Scheid to detail the changing role of OPEC in the global oil market and oil diplomacy. Richardson, who was also governor of New Mexico and a former presidential candidate, was seen as a key player in what ultimately led to an agreement by OPEC to raise production back in March 2000.
Now OPEC is considering a production freeze and relations between the cartel and the US have changed dramatically. Should the US accept OPEC’s invitation to meet? How have shifts in global supply and demand altered US relations in the Middle East? Richardson talks about this and more.
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