When we are going at 4 percent, it’s difficult to fall all the way back to contraction. But we could definitely end up having slower growth.
OPEC became powerless the moment it sold its last barrel of excess capacity, and that was maybe a year ago.
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|Profession:||Columnist, Economist, Editor, Professor|
Anas Alhajji, Ph.D. joined NGP Energy Capital Management in 2008 as Chief Economist. In this newly created role, Dr. Alhajji leads the firm's macro-analysis of the oil, natural gas and related markets and the overall economic environment. Prior to joining NGP he served as a professor of Economics at the University of Oklahoma , the Colorado School of Mines and, most recently, Ohio Northern University where he held the George Patton Chair of Business and Economics and taught courses in energy economics & policy, and international economics.
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