Saudi Arabia’s newfound willingness to take a stand against oil quota cheats has forced the rest of OPEC+ to adhere to their quotas. Will today’s discipline – driven by the biggest-ever plunge in oil demand – fade alongside the virus? Read more in the Baker Institute Blog.
A social safety net in the form of unemployment benefits, job training, etc. can help cushion the blow for workers when economic events beyond their control (like the Covid-19 pandemic) cause companies to shed workers, writes Mark Finley, fellow in energy and global oil.
As oil prices start to recover, analysts are cautiously beginning to ask whether we’ve turned a corner — but for the weeks ahead, continued inventory builds pose significant risks of renewed price declines.
Energy fellow Mark Finley argues that the best way to support the U.S. oil and gas industry is to promote open and fair competition, even though conventional resources are cheaper to produce in Saudi Arabia and Russia. Forbes blog: https://bit.ly/2wWB3jz
Despite the Trump administration sentiment that the U.S. partner with Saudi Arabia in a joint oil alliance, such an approach is unlikely to be successful, write energy fellows Jim Krane and Mark Finley. Forbes blog: https://bit.ly/2WUa6rb
The populist government under President Andrés Manuel López Obrador has largely discounted the threat of COVID-19, and the true extent of the outbreak Mexico may not yet be known. If conditions significantly change for the worse, the president faces not only a public health crisis but also the possible undoing of the country's populist experiment.
The massacre in El Paso is a symbol of complex social phenomena that we are experiencing today — and is not simply a matter of mental health, as Texas Gov. Greg Abbott and other politicians have stepped forward to suggest. Read more at the Baker Institute Blog.
In this blog post, Mexico Center director Tony Payan discusses the results of Mexico's June 5 election and what they mean for the country's 2018 presidential election.