What’s the cheapest, quickest way to reduce climate change without roiling the economy? In the United States, it may be by reducing methane emissions from the oil and gas industry.
Mexican President Andrés Manuel López Obrador is about to achieve the quiet but full militarization of Mexican society by placing all armed government forces under Defense Secretariat command, writes nonresident fellow Gary Hale. If he is successful, this could lay the groundwork for his possible extended tenure, even if it creates a military junta by subterfuge.
Though the OPEC+ group has agreed to accelerate planned oil production increases, the move will likely do little to reduce prices at the pump, despite a major U.S. concession, writes author Mark Finley — and Russia appears to support the plan. Read more on the Baker Institute Blog.
This article originally appeared in the Forbes blog on June 6, 2022.
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.
In October the UAE declared a goal of reaching net-zero emissions by 2050. That goal seems incredibly lofty for an oil-dominated economy, but the UAE's particular advantages may uniquely suit the task, energy fellow Jim Krane explains in this week's Forbes post.
Mexico's criminal organizations are undoubtedly responsible for the massive caravan of Haitian, Cuban, Central American and South American migrants that arrived at the U.S.-Mexico border last week, writes Gary Hale. Smugglers will take advantage of the chaos, surging multiple shipments of drugs and more migrants into the U.S.