Research Library

Since October 2023, Houthi militants have deployed missile and drone attacks in the Red Sea — creating security concerns in one of the world’s busiest shipping lanes and causing major disruptions to supply chains. On this episode of Baker Briefing, experts assess the security threat in the Red Sea and the broader geopolitical ramifications of the Israel-Hamas war.

The city of Houston’s budget is at a tipping point. For five consecutive years, the city outspent its revenues by $100–$200 million each year. With stop-gap options drying up, city officials must plot out a more sustainable plan for the longer term. How did Houston find itself in this budgetary bind, and where must city officials go from here? 

Global leaders met in Dubai this month for the 28th annual United Nations Conference of the Parties on climate change — known as COP28. In the lead-up to the conference, our expert panel broke down the key political and policy issues at play. 

As more and more Texans switch from gas- to battery-powered vehicles, state policymakers are grappling with the implications of broader electric vehicle ownership. From infrastructure investments, roadway maintenance, and levying a new tax for EV owners, this discussion breaks down the key issues surrounding EVs and consider legislation policymakers in Texas may consider this session. 

OPEC+, which is led by Saudi Arabia and Russia, announced this week that it is cutting oil output by 1.2 million barrels per day starting in May. This amounts to removing roughly 1% of oil from the global market. Our experts discuss the far-reaching consequences of this move for U.S. gas prices, American energy security, and U.S.-Saudi relations. 

The pandemic spurred a rollercoaster of quick, subsequent economic events in three years that might normally occur across three decades: record unemployment, a brief recession, federal assistance, highest inflation since the 1980s, interest rate increases, and in 2023, concerns regarding a looming recession. Some U.S. consumers have dealt with the aftermath of this whiplash by shifting their spending and saving behaviors. Our experts discuss U.S. consumer trends since the pandemic — what’s stayed the same, new phenomena, and notable policy developments.