How can the oil crisis be solved?
Does the real solution lie in increased production or alternative energy sources?
Saudi Arabia blames speculators for the abrupt |
A quick solution is needed to tackle soaring oil prices.
Saudi Arabia has agreed to increase its oil production by 200,000 barrels a day.
Keep reading
list of 4 itemsHow will a shrinking population affect the global economy?
China lifts steep Australian wine tariffs as relations improve
Ex-crypto mogul Sam Bankman-Fried due to be sentenced for defrauding FTX
But is increasing oil production the solution or should we be considering alternative options?
How would turning to alternative sources of energy affect the gap between demand and supply?
Leading oil exporters have gathered at a summit in Saudi Arabia to tackle the crisis.
However, oil producers are at war with market speculators over the future of the problem.
Saudi Arabia blamed speculators for the hike in prices, whilst Opec said increased investment is needed to curb the problem.
So what is the solution?
Inside Story, with presenter Kamahl Santamaria, investigates the ins and outs of the oil crisis.
Watch part one of this episode of Inside Story
Watch part two of this episode of Inside Story
This episode of Inside Story aired on Monday, June 23, 2008 at 17:30 GMT
To contact us click on ‘Send your feedback’ at the top of the page
Watch Al Jazeera English programmes on YouTube
Join our debates on the Your Views page