Will OPEC+ begin to reverse large production cuts at its June 1 meeting? In large part, it will depend on whose oil market outlook is closest to the mark, writes Mark Finley, fellow in energy and global oil. He examines several forecasts and outlines the issues in a new commentary.
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.
Amid U.S. efforts to strengthen supply chains and counterbalance China’s growing influence, Mexico is poised to benefit from “nearshoring,” writes scholar Adrian Duhalt. This brief explores how the Inflation Reduction Act and rising trade tensions between the U.S. and China could help Mexico secure its top trading position with the U.S. for years to come.
The energy transition process depends on investments in clean technologies to cut down carbon emissions in various sectors of the economy. In a new working paper, visiting research fellow Osamah Alsayegh focuses on Arab Gulf states as a case study and proposes policies to mitigate the potential negative impacts of the transition process on affected sectors.
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.
Fifty years after the 1973 oil embargo, Baker Institute Edward P. Djerejian Center for the Middle East and Center for Energy Studies hosted a conference to examine lessons learned from the embargo and their renewed relevance for today’s energy crises. Featuring remarks from His Royal Highness Prince Turki Al Faisal Al Saud, the conference also included expert panels with industry leaders, other former policymakers, and academics.
Kristian Coates Ulrichsen, Mark Finley, Jim Krane, Ana Martín Gil, Karina Pan, Grace YetterFebruary 29, 2024
Mark Finley explains the cost-benefit analysis behind the Saudi government's recent move to pause plans to increase spare oil production capacity — and why spare capacity still equates to power in the oil market.
Electricity demand in Texas is evolving, posing major challenges for grid reliability. Center for Energy Studies experts lay out ways ERCOT, Texas’ grid operator, can enhance reliability and resource adequacy.
Peter R. Hartley, Kenneth B. Medlock III, Shih Yu (Elsie) HungFebruary 7, 2024