Research Library

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. 

In March 2023, four U.S. citizens were kidnapped at gunpoint in northern Mexico; two were found dead and two others were rescued following a manhunt. The incident quickly became an international crisis and renewed U.S. focus on violence south of the border. This conversation explores the binational relationship between the U.S. and Mexico and growing tensions regarding Mexico’s approach to clamping down on violence and crime. 

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. 

The short days and winter storms of January have kept drivers off the roads—lowering the demand for gas and increasing the available supply. Yet, oil prices are still rising as the Russia-Ukraine war continues to disrupt global energy markets. We discuss the latest market trends and developments in global energy markets— including the European Union embargo on Russian oil exports and the price caps that G-7 nations are preparing to set on Russian diesel, kerosene and oil.

TikTok — the China-owned app that is currently the most popular social platform in America — is at the center of a swirling geopolitical and economic debate. The app has faced criticism from U.S. government officials who say it gives China access to American data, making it a security risk. Here, we discuss the risks, the efficacy of bans, and consider the possibility of a TikTok-less America.