Abstract

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This is based on simple extrapolations which suggest that in a little more than 20 years Saudi Arabia may become a net importer of hydrocarbon fuels. However, our research does not support this. Based on the “baseline scenario” macroeconomic assumptions in Oxford Economics’ global economic and industry models, we project Saudi Arabia’s energy balances until 2032 using the KAPSARC Energy Model (KEM).

Authors

Walid Matar

Walid Matar

Senior Research Associate Walid is a senior research associate developing energy systems models.

Expertise

  • Modeling energy systems
  • energy use and efficiency in Saudi Arabia
  • and the interdisciplinary connection between energy economics and engineering

Publications See all Walid Matar’s publications

Households’ Demand Response to Changes in Electricity Prices: A Microeconomic-Physical Approach

Households’ Demand Response to Changes in Electricity Prices: A Microeconomic-Physical Approach

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This…

February 14, 2019
The Economics of Renewable Energy in the Gulf

The Economics of Renewable Energy in the Gulf

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This…

October 17, 2018
Axel Pierru

Axel Pierru

Interim Vice President of Research Axel is the interim vice president of research at KAPSARC. He also leads the Energy and Macroeconomics program and has…

Expertise

  • Energy modelling
  • energy economics
  • energy policy
  • oil pricing and finance

Publications See all Axel Pierru’s publications

Estimating the Household Consumption Function in Saudi Arabia

Estimating the Household Consumption Function in Saudi Arabia

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This…

February 5, 2019
The Costs and Gains of Coordinating Electricity Generation in the Gulf Cooperation Council Utilizing the Interconnector

The Costs and Gains of Coordinating Electricity Generation in the Gulf Cooperation Council Utilizing the Interconnector

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This…

June 10, 2018
Frederic Murphy

Frederic Murphy

Visiting Researcher Frederic is professor emeritus, Fox School of Business, Temple University, where he taught for 30 years. He is currently a…

Expertise

  • Energy markets
  • energy regulation
  • computing economic equilibria

Publications See all Frederic Murphy’s publications

The Costs and Gains of Coordinating Electricity Generation in the Gulf Cooperation Council Utilizing the Interconnector

The Costs and Gains of Coordinating Electricity Generation in the Gulf Cooperation Council Utilizing the Interconnector

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This…

June 10, 2018
The Economic Impact of Price Controls on China’s Natural Gas Supply Chain

The Economic Impact of Price Controls on China’s Natural Gas Supply Chain

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This…

May 24, 2018
David Wogan

David Wogan

Former Research Associate David is a former research associate who centered on modeling the economics of integrated energy systems, with a focus on Saudi…

Bertrand Rioux

Bertrand Rioux

Senior Research Associate Bertrand is a senior research associate focusing on the impact of market regulation and liberalization in energy markets. An experienced energy…

Expertise

  • Modeling power systems
  • electricity markets
  • renewable energy
  • game theory
  • complex problem solving and climate change

Publications See all Bertrand Rioux’s publications

Summertime stratospheric processes at northern mid-latitudes: comparisons between MANTRA balloon measurements and the Canadian Middle Atmosphere Model

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This…

June 1, 2018

Unintended consequences of China’s coal capacity cut policy

External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This…

June 1, 2018
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