Legislation regulating commercial transport by ship is impeding economic development and growth, the authors write. Read the post on the Baker Institute Blog.
This post originally appeared in the Forbes blog on April 9, 2020.
Kenneth B. Medlock III, Michelle Michot Foss, Anna B. Mikulska, Ted Loch-TemzelidesApril 9, 2020
"In a changing competitive environment, which the recent events affecting the global oil market clearly represent, a greater focus on ensuring and maintaining fair and open competition is critical to the long-term health of the market," said the authors in a written statement to the Texas Railroad Commission.
The authors discuss a U.S. House proposal to repeal the cap on the state and local tax deduction and why that would be a mistake, especially given the pandemic and the policy responses that should be enacted. Baker Institute Blog: https://bit.ly/3e3qHix
Current gloom notwithstanding, oil will likely remain the world’s most important energy resource for multiple decades, says energy fellow Gabriel Collins. Baker Institute blog: https://bit.ly/34fV3d1
Fellow Vivian Ho discusses the sources she's following that shape her thoughts on how long the pandemic will last and what policy actions seem most promising. Baker Institute Blog: https://bit.ly/3aRTDrF
Understanding the strategic and tactical considerations of Saudi Arabia will be the key factor for the success of U.S. policy in the wake of the oil price crash and Covid-19 outbreak.
Mark Finley, Jim Krane, Kenneth B. Medlock IIIApril 5, 2020
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
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
The authors explain why $100 billion allocated by the CARES act to compensate health care providers for unreimbursed expenses and lost revenue from may be woefully inadequate.