Who is benefiting from Europe's skyrocketing natural gas prices? "Middle men” companies who buy natural gas or LNG in the U.S and sell LNG in Europe are receiving the windfall, write fellows Steven Miles and Anna Mikulska.
What would happen if Russian gas stopped flowing to Europe? After recent gas cutoffs to Poland and Bulgaria, other countries’ decision on gas imports from Russia need to represent a definitive, unifying statement that time for Russian dominance over EU gas imports is over, write the authors. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 3, 2022.
How can a U.S. response help Europe if Russian gas cuts off energy supplies of more countries following Poland and Bulgaria? The authors explain why currently, more drastic actions by the U.S. could prove counterproductive, unnecessary and harmful to U.S. trade policy. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 2, 2022.
A lignite mine on the border of Poland and the Czech Republic is caught between global environmental and local economic concerns. For COP26 to make headway on climate action, the authors write, it must consider the local implications while proposing solutions.
The authors point to several tangible benefits of U.S. LNG exports that go beyond its low procurement cost — including greater security of supply and emissions reductions when used as an alternative to coal.
Michelle Michot Foss, Anna B. MikulskaJune 24, 2021
The U.S. oil, gas and coal industry largely rose and fell based on global economic and energy market conditions rather than federal energy and environmental policies implemented by the Trump administration, write the authors. As the world recovers from the COVID-19 pandemic, they expect markets to continue to shape the future of the oil and gas industry. Read more on the Baker Institute Blog.
Energy fellows Mark Finley and Anna Mikulska explore why U.S. natural gas prices have increased during the COVID-19 pandemic, even as gas prices in Europe and Asia have remained relatively low.
Prices of natural gas have fallen precipitously in recent months as the global COVID-19 pandemic deepened the already existing misalignment between growing supply and relatively sluggish demand. Post-COVID-19 recovery should increase the demand through 2022, but a soft market is expected to continue through 2025. These conditions could provide an unprecedented opportunity for natural gas buyers/importers.
Rather than offer a forecast that may overstate or understate Covid-19's impact on the U.S. and global economy, the authors highlight what to look for as the pandemic progresses, recedes or oscillates.
A new proposal to clarify and expand U.S. sanctions on the Nord Stream 2 (NS2) pipeline has just been introduced in the U.S. Senate. With many other difficulties facing the NS2 pipeline, the authors look at what options Russia has for NS2 completion.