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5 - Gaslighting the Gulf: The Perils of Low-Priced Natural Gas

from Part I - The Birth of the Petro-State: How Oil Reshaped the Gulf

Published online by Cambridge University Press:  13 October 2025

Justin Dargin
Affiliation:
University of Oxford
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Summary

This chapter delves into the multifaceted challenges and strategic approaches associated with energy pricing reform policies in the Gulf states, focusing on Saudi Arabia, Qatar, and the UAE. This chapter provides a rigorous analysis of the steps implemented until the early 2020s, investigating their multifaceted implications for economic development, environmental sustainability, and long-term fiscal stability. Furthermore, it critically examines the institutional barriers that could impede the comprehensive implementation of energy pricing reform.

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Chapter
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The Gulf's Climate Reckoning
Decarbonization, Development, and the Future of the Petro-States
, pp. 128 - 142
Publisher: Cambridge University Press
Print publication year: 2025

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