Professor Ryan Kellogg Discusses The OPEC+ Oil Prices Deal

Harris Public Policy Professor Ryan Kellogg was featured in Chicago Tribune, discussing the potential effects of an agreement forged between the United States, Russia, Saudi Arabia and other oil-producing nations.  

“Increases in oil prices hurt consumers, many of whom now have reduced or even zero income but still need to drive to the store or run errands,” said Kellogg. “The gains go to oil company shareholders and debt holders, and to royalty owners — folks that tend to be higher income.”

Full coverage available at Chicago Tribune.