Energy fellow Mark Finley assesses the future of international oil companies given the tremendous pressure they've experienced since the COVID-19 pandemic emerged. Using a football analogy, he suggests that although business leaders are rightly focused on winning the game, they can’t ignore the condition of the playing field.
Mark Finley, fellow in energy and global oil, examines cost reduction, capital climate, productivity gains and decline rates as reasons why the U.S. shale industry may struggle to maintain its competitiveness in 2020. Baker Institute Blog: https://bit.ly/3lAyB6R
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
Texas Gov. Greg Abbott has signed into law a controversial "sanctuary cities" measure that allows police officers to ask people during routine stops if they are in the U.S. legally. Research analyst Pamela Cruz describes the legal fight to prevent the law's enforcement.
Aside from the massive cost of constructing a physical barrier along the entire U.S.-Mexico border, factors such as private and tribal land ownership and the impact on the environment must be taken into account.
The U.S. Customs and Border Protection’s two main methodologies for measuring border wait times have been found to be “unreliable and of limited usefulness” to users crossing the U.S.-Mexico border. However, cross-border residents are utilizing social media to share pictures, videos and real-time information on wait times to address this gap.