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" "The US is sort of the flag-bearer for capitalism and free markets, the US continues to be a very important part of a global industry that is interconnected, that is dealing with a fungible commodity which is crude oil. So having equalisation through free trade is very healthy for oil.
, (Arabic: خالد الفالح Ḫālid al-Fāliḥ born 1960) is Minister of Energy, Industry and Mineral Resources of Saudi Arabia and chairman of . He has previously served as the Saudi Arabian Health Minister
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If you think of economies like India and China and other energy intensive economies, I think the US has a lot more flexibility to meet Paris with less sacrifices, the US already enjoys a competitive advantage in terms of its energy costs and I think, given what is happening in technology and renewables, especially in the US capabilities in that regard, I think the US will find that provided everybody lives by Paris, the US would retain if not improve its global competitive position.