Why did Mexico’s state-owned PEMEX buy a Houston-area oil refinery this week, when many other oil companies are moving away from fossil fuels? Post-doctoral energy fellow Adrian Duhalt explains in the Baker Institute Blog.
Baker Institute Rice Faculty Scholar and University Professor Moshe Vardi analyzes three recent crises — the 2021 winter storm in Texas, the COVID-19 pandemic and the Boeing 737 Max software failure — that highlight the cost of valuing efficiency over resilience and provide lessons for bringing society into balance.
Texans served by regulated electricity markets, especially by electric cooperatives, were much more satisfied with their providers’ performance during Winter Storm Uri than those in deregulated markets. In this post for the Baker Institute Blog, the authors offer possible explanations for the contrast in favorability.
Mark P. Jones, Pablo M. Pinto, Renee Cross, Kirk P. WatsonMay 11, 2021
Despite the demand for policies that mitigate the impact of severe weather, a majority of Texans seem opposed to one that requires consumers to pay for reserve electrical generation capacity.
Mark P. Jones, Pablo M. Pinto, Renee Cross, Kirk P. WatsonMarch 30, 2021
University Professor Moshe Vardi condemns the actions taken by the U.S. government to restrict the immigration of technical workers into the country but also questions why the U.S. has become so dependent on international students as the major workforce for its academic science and engineering research enterprise. Baker Institute Blog: https://bit.ly/3llmHg2
The oil boom in the 1970s and early 1980s and the resulting social and economic crisis left policymakers with valuable lessons that — considering today’s conversation on the role of the oil industry in Mexico — should not be overlooked.
The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.