Venezuela’s rise in oil production after 2021 was mostly driven by the exploitation of idle crude capacity. But that idle capacity is over unless national oil company PDVSA opens new wells, said fellow Francisco Monaldi.
Last week, Gov. Abbott vetoed more than 70 bills that were to be signed into law. Fellow Mark P. Jones told KPRC 2 that Abbott "waited until the special session to intervene on what he considered good property tax relief to be."
Iran’s growing oil output poses a challenge for OPEC, which has returned to cutting production in response. In an article for Barron’s, energy fellow Mark Finley writes that while the group might be overreacting to supply threats, its caution is appropriate.
Last year’s World Cup increased foreign direct investment to Qatar despite previous challenges. “The World Cup has left Qatar with an infrastructure which is world class as well as with reserves of goodwill & soft power,” said fellow Kristian Ulrichsen.
“Texas does much less than other states to try and help homeowners and renters have more energy-efficient places to live and work,” said Rice faculty scholar Dan Cohen, as ERCOT asks residents to voluntarily conserve power. “We could be doing a lot more.”