Research Library

Fellows Gabriel Collins and Jim Krane argue in this issue brief that despite changes in U.S.-Persian Gulf trade relations, the U.S. retains an enduring interest in preserving political stability and securing oil flows from the region.

This study analyzes the new legal framework and definitions governing Mexico's energy sector as a result of the constitutional reform, and the implications for the hydrocarbons and electrical sectors.

A universally agreed-upon definition of the U.S.-Mexico border region is elusive, to say the least. The boundaries vary widely depending on the government entity or academic institution involved. This brief reviews the many officially sanctioned definitions of the region, and explains why a consensus is necessary for effective border management.

Krane finds that the coal industry is at greater risk of being targeted by climate-related regulation amid decreasing social acceptance of its use, while the oil industry faces reduced risks due to its lack of substitutes.

OPEC may opt to continue or deepen its oil production cuts at its upcoming May meeting, as a growing number of highly efficient U.S. shale operators now appears able to maintain oil production — and even expand it — at prices that likely are unsustainably low for many major exporters’ national budgets, writes energy fellow Gabriel Collins.

Tony Payan, director of the Baker Institute Mexico Center, testified on transnational labor flows and commerce at an April 10, 2017, hearing of the Texas House Committee on International Trade and Intergovernmental Affairs.

Scholar Raúl Bajo Buenestado examines the consumer welfare consequences of introducing capacity payments in the electricity sector, finding that capacity payments reduce price volatility and increase the reliability of the system but also cause consumers’ electricity bills to rise.

One of the goals of Mexico's energy reform was to create a regulatory system that would foster competition in a very complex political environment. This framework, known as "coordinated regulatory bodies," was established in Article 28 of the Constitution and is intended to oversee and regulate the hydrocarbons sector. This paper conducts a legal analysis of this new model of regulation and seeks to determine whether its implementation strengthens the rule of law in Mexico.

An intrinsic element of Mexico's 2013-2014 energy reform was the promise that transfers of technology required to exploit the country's hydrocarbons would take place. This paper analyzes the extent to which this has actually happened and proposes policies that could foster innovation in the energy sector in Mexico.

Brazil's economy is among those most closed to foreign trade. Debate on trade policy has returned to the political agenda, but domestic and international circumstances do not currently favor reform. This brief discusses the outlook for trade policy reform in Brazil during President Michel Temer's term and the challenges that will be faced by any succeeding government.