Despite U.S. officials’ attempts to persuade Mexican President Andrés Manuel López Obrador to change course on his energy policy, which violates key provisions of the USMCA, his administration has not backed down, the authors write. They explain where the disputes between the U.S. and Mexico currently stand and what they mean for other aspects of the binational relationship.
2021 changes to Mexico’s Hydrocarbon Law are expressions of state power through legal reforms, and are exceptionally alarming. Nonresident scholar Miriam Grunstein explains in the Baker Institute Blog.
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.
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.