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.
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.
When the OPEC+ group met last week and agreed to extend production cuts through the first quarter of 2024, the market was unimpressed. Fellow in Energy and Global Oil, Mark Finley, outlines the meeting’s outcomes and discusses why the recent agreement “could augur a year of difficult meetings ahead” in a new commentary.
Federal marijuana legalization is on the horizon — and it’s time for the DEA to get behind the policy changes and move on to fighting more dangerous drugs, writes nonresident fellow Gary Hale.
Mexican President Andrés Manuel López Obrador's deference to drug cartels in Mexico reveals that he is not interested in meaningful cooperation on bilateral drug law enforcement, and his administration should be regarded as hostile to U.S. interests, writes nonresident fellow Gary Hale.
With little pushback from the Biden administration, Mexican officials seized an American company’s port facility earlier this month. But history shows Mexico should be wary of engaging in such provocations, writes nonresident fellow Gary Hale.