Research Library

How did the pandemic impact energy markets around the world? The results of this year's bp Statistical Review of World Energy show how the U.S. led the widespread decline in energy production, oil was the energy type most impacted by shutdowns, and global trade for fossil fuels fell more rapidly than production.

If the global economy is to recover after the pandemic, the United States must reestablish mutually beneficial economic relations with China. But the new administration should be careful to resist unrestrained Chinese "soft power" influence on our education, research and creative industries.

The new administration should immediately abandon the “America Alone” policies of the Trump administration and work with our allies to address China’s rampant IP theft and forced technology transfer, overproduction of steel and aluminum, and unlawful subsidies.

This brief assesses the strategic and economic challenges of energy security amid a transition to a lower-carbon energy future.

A defense diplomacy shielded from the influence of nationalistic and partisan sentiments presents a valuable opportunity for the U.S. to advance regional security in the Indo-Pacific, and to forge a path to a more equitable and peaceful future with China, writes nonresident scholar Daniel Katz.

Kelly Neill, graduate fellow at the Center for Energy Studies, examines how LNG exports have increased the domestic natural gas price in the eastern part of Australia, causing domestic gas users to grumble. Baker Institute Blog: https://bit.ly/30voN4p

Prices of natural gas have fallen precipitously in recent months as the global COVID-19 pandemic deepened the already existing misalignment between growing supply and relatively sluggish demand. Post-COVID-19 recovery should increase the demand through 2022, but a soft market is expected to continue through 2025. These conditions could provide an unprecedented opportunity for natural gas buyers/importers.

Iron and steel production are necessary for modern infrastructure, and the sector is both energy intensive and difficult to decarbonize. The authors explore new, evolving processes that could change this and potentially provide both environmental and economic benefits.

This policy report explains how specific tools of economic statecraft can be applied to reduce risks caused by dependence on People’s Republic of China-dominated supply chains for critical goods. It offers foundational building blocks for the formulation and implementation of a larger strategy to reduce American vulnerabilities to China.

Nonresident fellow Anna Mikulska explores the future of natural gas markets in the aftermath of the Covid-19 pandemic. Forbes blog: https://bit.ly/39zeNJK