

1015 15th Street, N.W., 6th Floor
Washington, DC 20005
Senior Fellow
Arthur Herman is a senior fellow and director of the Quantum Alliance Initiative at Hudson Institute. His research programs analyze defense, energy, and technology issues.
Financial Markets Economist at Scotiabank
Energy Policy Counsel, U.S. Senate Republican Policy Committee
The price of world crude oil has plunged more than 50 percent since July 2014. The price drop has spawned predictions of job losses and financial collapse for America’s booming oil and shale industry, as well as a renaissance for U.S. manufacturing and a new burst of prosperity for consumers. Warnings of the doom of OPEC and international "Big Oil" have been balanced by forecasts that cheap oil’s boost to economic growth around the world will trigger a renewed price rise in the future.
What do falling oil prices mean for the American consumer? What do they mean for oil-producing nations, including the U.S., Canada, and Saudi Arabia, as well as oil-consuming ones? How low can prices go and when will they rebound, if ever? What are the political risks and opportunities for an America growing accustomed to cheaper oil?
To address what a new era of $50-60 a barrel oil will mean for the world’s global balance of energy power, Hudson Institute will host a panel of experts led by Anne Korin, co-director of the Institute for Analysis of Global Security and senior advisor to the U.S. Energy Security Council; Dov Zigler, Financial Markets Economist at Scotiabank; and Matt Leggett, Energy Policy Counsel at the U.S. Senate Republican Policy Committee. Hudson Senior Fellow Arthur Herman will moderate this event.
Join Hudson Institute and the India Foundation for an invitation-only event focused on the role Washington and the American business community can play in strengthening bilateral economic and strategic relationships between the US and India.
The revelation that Russia has recruited hundreds of Cuban citizens to fight in Ukraine underscores the desperation of Cuban citizens and the expansion of cooperation between Cuba and Russia.