Will the U.S. ban future LNG sales to China? Fellows Gabriel Collins and Steven R. Miles examine a recent move by the Department of Energy to “temporarily pause” LNG exports to countries that do not have free trade agreements with the U.S. — including China.
Yemen’s Houthi have mounted a selective counter-shipping campaign in the Red Sea that has disrupted global trade between Asia and Europe. In a new issue brief, fellow Jim Krane describes how the attacks have triggered major shipping delays and expenses for firms based in countries friendly to Israel — effectively acting as economic sanctions and demonstrating the power of a non-state actor to undermine global norms around freedom of navigation.
President Vladimir Putin’s invasion of Ukraine has backfired in many ways. For one, it’s leading to a diminished Russian energy export economy and spurring Europe to a clean energy future, writes fellow Jim Krane.
What’s the cheapest, quickest way to reduce climate change without roiling the economy? In the United States, it may be by reducing methane emissions from the oil and gas industry.
Who is benefiting from Europe's skyrocketing natural gas prices? "Middle men” companies who buy natural gas or LNG in the U.S and sell LNG in Europe are receiving the windfall, write fellows Steven Miles and Anna Mikulska.
How can a U.S. response help Europe if Russian gas cuts off energy supplies of more countries following Poland and Bulgaria? The authors explain why currently, more drastic actions by the U.S. could prove counterproductive, unnecessary and harmful to U.S. trade policy. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 2, 2022.
The war in Ukraine could severely disrupt exports of Russian gas to Europe. Energy fellows Steven Miles and Gabriel Collins explain how existing LNG floating storage vessels can provide a concrete, rapidly implementable gas supply solution until longer-term infrastructure investments are in place.
In October the UAE declared a goal of reaching net-zero emissions by 2050. That goal seems incredibly lofty for an oil-dominated economy, but the UAE's particular advantages may uniquely suit the task, energy fellow Jim Krane explains in this week's Forbes post.
Amid recent disputes on oil trade, "fractious Saudi-UAE relations are ... better understood as a return to the pre-2015 status quo than a unique diplomatic breach," write Jim Krane and Kristian Coates Ulrichsen.
