America Should Avoid Foreign Oil Entanglements
A production deal with Russia and Saudi Arabia would mainly benefit Russia and Saudi Arabia.
Especially these days, we should be skeptical of handshakes.
Photographer: MANDEL NGAN/AFP/Getty Images
Taking down an adversary can be so satisfying, Far better, though, to co-opt them.
Which brings us to the notion of the U.S. joining with Russia and Saudi Arabia to curb oil production. Floated last week, most notably in an op-ed by a Texas Railroad Commissioner, the idea has run into opposition, including from the Commission’s chairman. Wayne Christian said it would clash with his “free-market conservative” leanings — though his observation that there’s no guarantee other states or countries will follow suit suggests he could be persuaded, if only enough folks got on board. Still, he’s right to feel some trepidation. As I wrote here, getting the government more entrenched in the energy market would be a godsend to oil producers — up until the moment a more climate-friendly administration took office.
