Electricity is the new oil when it comes to energy security, writes Mark Finley, fellow in energy and global oil. The immediacy of power outages and the ubiquity of critical elements of modern life powered by electricity mean the impact of oil supply disruptions are a walk in the park compared to our power vulnerabilities.
Sanctions against Venezuela have reduced PDVSA and the Maduro regime's revenues, but they have failed to lead to a path toward democracy or avert Venezuela’s economic and humanitarian collapse. The authors offer policy options for the Biden administration's consideration.
Francisco J. Monaldi, José La Rosa ReyesFebruary 23, 2021
U.S. oil refiners have had a great run this century. But market events in 2020 signal changes to come that will challenge the industry’s global competitiveness, writes fellow in energy and global oil Mark Finley.
As a nation, we need to immediately focus on the availability of advanced materials that can drive the performance of both legacy and alternative energy fuels and systems and ensure sustainable footprints. This brief lays out why it is vital to do so.
Although on the surface electric vehicles have lower safety risks than cars with internal combustion engines, the introduction of lithium ion batteries into the equation presents unresearched and unquantified hazards and consequences. This is why continued examination and incident analyses are important, writes energy fellow Rachel A. Meidl for the Baker Institute Blog.
Public finance fellow Joyce Beebe examines a new approach that states have been exploring to secure additional revenue during the Covid-19 pandemic — imposing excise taxes on sports betting and daily fantasy sports. Baker Institute Blog: https://bit.ly/3jNT85Z
Gabriel Collins, the Baker Botts Fellow in Energy & Environmental Regulatory Affairs, analyzes the impact of China’s emerging demographic decline, debt burden and increasingly likely structural economic growth downshift on global oil and gas markets.