The authors investigate two plausible causes for the significant price discount of U.S. crudes during the U.S. “shale boom” and evaluate how much each mattered.

This conference report summarizes findings from a lecture by Diego Rodriguez for the event "From the 'What?' to the 'How?' in the Water-Energy Nexus: Challenges, Opportunities and Lessons Learned."

This issue brief examines how globalization has aided the spread of transnational organized crime and the challenges to combating it.

In this paper, author Peter Hartley examines the recent evolution of markets for LNG, focusing especially on the increasing amount of LNG being traded spot or under short-term contracts of less than four-years duration. Hartley argues that explanations for this increase, and other recent changes in LNG trading, imply that the proportion of LNG being traded under long-term contracts is likely to continue to decline and that the flexibility of long-term contracts for trading LNG is likely to continue to increase.

Kenneth B. Medlock III, James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics, testified about crude oil production and energy trade policy before the Committee on Foreign Affairs of the U.S. House of Representatives.

A proposed inflation targeting (IT) approach to monetary policy has generated vigorous debate in India, where inflation has not dropped much below 10 percent for the past eight years.

Energy experts from government, industry and academia investigate influences on oil and gas investments, as well as future directions for global commodity pricing.

Under this study, the Baker Institute will embark on a comprehensive study on the interaction of the oil investment cycle and the general business cycle, including consideration of how the global economy and patterns of industry capital investment are influenced by oil price shocks.

In a recent commentary, Baker Institute science and technology policy experts described two international court cases that aimed to define “research” — and that ultimately arrived at two different answers. “What makes this interesting is that the courts’ definition of ‘research’ was based on politics — what the court wanted the end result to be,” said Kirstin Matthews, the institute’s fellow in science and technology policy. To reach a decision prohibiting human embryonic stem cell (hESC) patents, the EU court ruled that “research” occurs in a continuum. To reach a decision supporting federal funding of stem cell research, the U.S. court ruled that “research” involves a specific project.

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Abstract

The global "great recession" was…