This article contributes to the debate about the impact of the U.S. fracking boom on U.S. oil imports, on Arab oil exports, and on the global price of crude oil. First, I investigate the extent to which this oil boom has caused Arab oil exports to the United States to decline since late 2008....

Petroleum Exporting Countries in the crude oil exports have single-product, in other words income from selling oil or as the most important source of export income, or at least as one of the most important sources of income is considered to be exported.The analysis and policy issues...

There is mounting evidence that global oil demand will peak between 2020 and 2040, supported by rational economics (inter-fuel competition and efficiency gains) and environmental policies. The perspective of a peak in world oil demand poses a serious economic threat to petrostates whose GDP...