Electricity is the new oil when it comes to energy security, writes Mark Finley, fellow in energy and global oil. The immediacy of power outages and the ubiquity of critical elements of modern life powered by electricity mean the impact of oil supply disruptions are a walk in the park compared to our power vulnerabilities.
As the Budget Control Act nears expiry, it is important to reflect on its effectiveness — does the BCA provide a framework for curtailing unsustainable deficits and moving to a sustainable fiscal policy? Read the authors' analysis at the Baker Institute Blog.
John W. Diamond, Autumn EngebretsonFebruary 4, 2021
U.S. oil refiners have had a great run this century. But market events in 2020 signal changes to come that will challenge the industry’s global competitiveness, writes fellow in energy and global oil Mark Finley.
Ten months after the pandemic began, partisan division is severely inhibiting the United States’ COVID-19 response. The health consequences of the continued political divide could not be clearer, as the pandemic has grown beyond many experts’ worst predictions.
Quianta Moore, Christopher F. KuleszaJanuary 12, 2021
Driven by pandemic-related concerns, Americans are shifting away from cash toward digital payment transactions. Is COVID-19 fast-forwarding us to a cashless society? Read Joyce Beebe's take at the Baker Institute Blog.
Our current economic situation is not permanent, and laws should not be altered based on the idea that domestic shutdown will last forever. However, we should remain flexible as our economy recovers.
John W. Diamond, Autumn EngebretsonDecember 14, 2020
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.
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.