The Saudi leadership has repeatedly rebuffed requests from President Biden and leaders of oil-importing countries to accelerate production increases. But recent price differentials could signal an intent to quietly steer crude into Europe to replace Russian supplies, writes the author. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 4, 2022.
The author gives the latest in a series of updates on inventories of DUCs, or drilled-but-uncompleted wells, using data from EIA on drilling productivity. Read the post on the Baker Institute Blog.
This post originally appeared in the Forbes blog on March 17, 2022.
Many climate policy approaches place a disproportionate burden on lower-income families, writes fellow Mark Finley. Political leaders have started to recognize that climate policy must approach fossil fuels and energy transition as an “AND”, not an “either/or”, and that the distributional impact of policy must also be addressed. Read more on the Baker Institute Blog.
This post originally appeared in the Forbes blog on January 26, 2022.
To better reflect the iterative collaboration necessary for scientific progress, the Nobel Prize must expand its recognition to the many contributors of winning discoveries as well as diversify the selection committee, thereby also expanding recognition of the work of underrepresented minorities, argues this Baker Institute Blog post.
Kirstin R.W. Matthews, Kenneth M. Evans, Flora Naylor, Daniel MoralíOctober 13, 2021
On Monday, David Julius and Ardem Patapoutian received the 2021 Nobel Prize in Medicine or Physiology “for their discoveries of receptors for temperature and touch.” Fellow Kirstin Matthews praises their research on how capsaicin and TRP affect nerve cells as an accomplishment made possible by U.S. federal funding for and support of science.
"This is a moment to prioritise health over short-term political calculations," write fellow Peter Hotez, Rekha Lakshmanan and nine other experts in a Lancet commentary. Click here for their call for action against anti-vaccine rhetoric and COVID-19 misinformation, and five short-term recommendations.
Rekha Lakshmanan, Peter J. HotezSeptember 17, 2021
U.S. producers have sustained oil supply by feathering their beds with “DUCs down” — their large inventory of drilled-but-uncompleted wells. Could they exhaust the DUCs? What then? Energy fellow Mark Finley explains on the Baker Institute Blog.
How did the pandemic impact energy markets around the world? The results of this year's bp Statistical Review of World Energy show how the U.S. led the widespread decline in energy production, oil was the energy type most impacted by shutdowns, and global trade for fossil fuels fell more rapidly than production.
Today’s oil market contains not one, but two prisoner’s dilemmas: traditional OPEC+ members, policed by Saudi Arabia, and a new dilemma with U.S. shale producers, policed by their investors. This boosts the prize for cooperative behavior but also raises new risks. Energy fellow Mark Finley explains.