The Saudi leadership has repeatedly rebuffed requests from President Biden and leaders of oil-importing countries to accelerate production increases. But recent price differentials could signal an intent to quietly steer crude into Europe to replace Russian supplies, writes the author. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 4, 2022.
What would happen if Russian gas stopped flowing to Europe? After recent gas cutoffs to Poland and Bulgaria, other countries’ decision on gas imports from Russia need to represent a definitive, unifying statement that time for Russian dominance over EU gas imports is over, write the authors. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 3, 2022.
Amid recent disputes on oil trade, "fractious Saudi-UAE relations are ... better understood as a return to the pre-2015 status quo than a unique diplomatic breach," write Jim Krane and Kristian Coates Ulrichsen.
The authors point to several tangible benefits of U.S. LNG exports that go beyond its low procurement cost — including greater security of supply and emissions reductions when used as an alternative to coal.
Michelle Michot Foss, Anna B. MikulskaJune 24, 2021
When President-elect Joe Biden assumes office in January, he will be compelled to deal with the most important and ferociously complicated geopolitical question the United States faces today: how to manage its relations with China. Fellow Joe Barnes explains how the U.S.-China situation differs from the Cold War dynamic, and how the U.S. will best be served in the years ahead. Read more at the Baker Institute Blog.
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.
A new proposal to clarify and expand U.S. sanctions on the Nord Stream 2 (NS2) pipeline has just been introduced in the U.S. Senate. With many other difficulties facing the NS2 pipeline, the authors look at what options Russia has for NS2 completion.
As the number of coronavirus cases rises in Iran, nearby countries are scrambling to prevent the disease from spreading across borders. Read more at the Baker Institute Blog.
While sanctions on Russia’s Nord Stream 2 pipeline project would be very well received in Central and Eastern Europe, they could make the already strained relationship between U.S. and its Western European allies even more challenging, the author writes in a Forbes blog post: http://bit.ly/305Cc1F and the Baker Institute Blog.