"5 Reasons Why a Global Agreement to Prop Up Oil Prices Won’t Work"

Report coauthored by Daniel Raimi and Alan Krupnick is cited by Foreign Policy article on potential global oil agreement.

View on Foreign Policy website

Date

April 8, 2020

News Type

Media Highlight

Source

Foreign Policy

RFF Report "Economic Volatility in Oil Producing Regions: Impacts and Federal Policy Options" coauthored by Daniel Raimi and Alan Krupnick was cited by a Foreign Policy article on potential global oil agreement. Listed below is the full quote:

“Better tools exist to manage the collateral damage of low oil prices. The next round of economic stimulus should include additional relief for workers, U.S. states, and municipalities hit by the downturn.The next round of economic stimulus should include additional relief for workers, US states, and municipalities hit by the downturn. In the longer term, policymakers should do more to help oil-producing regions manage their dependence on volatile shale-sector revenues for public spending, including on schools and infrastructure, as recommended by the Center on Global Energy Policy and Resources for the Future.”

Read the article here.

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