Research Library

Since October 2023, Houthi militants have deployed missile and drone attacks in the Red Sea — creating security concerns in one of the world’s busiest shipping lanes and causing major disruptions to supply chains. On this episode of Baker Briefing, experts assess the security threat in the Red Sea and the broader geopolitical ramifications of the Israel-Hamas war.

Global leaders met in Dubai this month for the 28th annual United Nations Conference of the Parties on climate change — known as COP28. In the lead-up to the conference, our expert panel broke down the key political and policy issues at play. 

Former U.S. Ambassador to Mexico Earl Anthony Wayne and the Center for the U.S. and Mexico's Tony Payan explore the complex relationship between Mexico and the U.S. and what their future might hold.

OPEC+, which is led by Saudi Arabia and Russia, announced this week that it is cutting oil output by 1.2 million barrels per day starting in May. This amounts to removing roughly 1% of oil from the global market. Our experts discuss the far-reaching consequences of this move for U.S. gas prices, American energy security, and U.S.-Saudi relations. 

This paper lays out one potential step-by-step path toward decarbonizing Saudi Arabia, imagining a sweeping restructuring of a fossil fuel-driven society and economy.

Jim Krane, the Wallace S. Wilson Fellow for Energy Studies, argues that Saudi Aramco’s quest to remain the “last man standing” in global oil depends not just on its substantial cost advantages. Declining social acceptance of fossil fuel combustion suggests that Aramco’s pursuit of carbon competitiveness will assume growing importance.

The authors evaluate Argentina’s energy sector and test the hypothesis that investments in tight oil and shale gas extraction expose investors to fewer risks than extracting conventional oil and gas. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

Energy fellow Jim Krane investigates the strategy of “security through investment,” in which states deliberately use foreign direct investment to balance against a regional hegemon. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

This working paper looks at less explored climate strategies that Saudi Arabia and other producer states have taken or may take in the next few years to maintain the continuity of oil exports amid the emergence of restrictions on fossil fuels.

In this working paper, energy fellow Jim Krane examines the risks the fossil fuel industry faces as a result of climate mitigation strategies.