The Biden administration claims the oil market is undersupplied. OPEC, market watchers, and even Biden’s own Energy Information Administration disagree. What do the numbers say?
Mexico’s government and auto industry have good reason to be worried about the future. International trade fellow David Gantz explains why in the Baker Institute Blog.
The first step to reducing methane, Agerton and Gilbert argue, is to directly measure it. Their new Forbes post explains why inventory-based incentives that merely estimate emissions must give way to direct methane monitoring.
U.S. producers have sustained oil supply by feathering their beds with “DUCs down” — their large inventory of drilled-but-uncompleted wells. Could they exhaust the DUCs? What then? Energy fellow Mark Finley explains on the Baker Institute Blog.
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.
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.
In 2020, Energy Dialogues and the Center for Energy Studies hosted a virtual event at which representatives from industry, academia, environmental groups and regulatory bodies focused on four themes: the impact of COVID-19 on global energy demand, resiliency in the energy industry, net-zero aspirations and pathways for transitioning to a lower-carbon future. This report summarizes the discussions held during the event.
Today’s oil market contains not one, but two prisoner’s dilemmas: traditional OPEC+ members, policed by Saudi Arabia, and a new dilemma with U.S. shale producers, policed by their investors. This boosts the prize for cooperative behavior but also raises new risks. Energy fellow Mark Finley explains.
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