Research Library

Indigenous natural resource wealth can provide a basis for robust economic development and broad macroeconomic development, especially when there is appropriate governance and robust legal and regulatory institutions. But a lack of institutional fortitude in many regions around the world has contributed to failure to translate resource wealth into broader macroeconomic wealth.

In the near term, a ban on shale development in Mexico will have little impact since factors like limited infrastructure and access to water would likely stall progress in any case, the authors conclude. In the long-run, a ban may adversely affect efforts to diversify Mexico’s gas supply.

Energy fellow Rachel A. Meidl examines federal and international efforts to assess the safe transport of crude oil by rail and to specifically consider the roles of vapor pressure and volatility in accident scenarios.

On April 3, 2018, Energy Dialogues and the Center for Energy Studies co-hosted an event in which representatives from academia, industry and NGOs discussed three important themes in the oil and gas industry: economy, environmental stewardship and coalition building. This report summarizes the day's events.

In testimony to the Texas House of Representatives Transportation Committee, fellow Gabriel Collins discusses how oil and gas activity is impacting state and county roads across Texas and offers recommendations on how to improve road quality and safety.

This report analyzes the comparable transactions method for valuing groundwater, which involves examining transactions for groundwater purchases or sales to gather pricing information, and explores how this method can be applied to groundwater valuations in Texas.

Since 2010, Mexico’s demand for natural gas has been accompanied by a decline in domestic production, making imports of this resource increasingly vital. The author of this brief argues that private and state-owned firms — from producers to pipeline operators — and a solid governmental regulatory apparatus must now help guarantee the consistent supply of natural gas.

To either close deals or resolve disputes, parties and courts must be able to attach a credible economic value to water that may still be underground in the aquifer. In this brief, fellow Gabriel Collins proposes a means of estimating this value that opens the door for a direct comparison of the implied price paid for groundwater in a land purchase transaction and the price paid for an explicit agreement to acquire only the groundwater estate beneath a tract.

This issue brief examines how produced water recycling in Texas oilfields threatens landowners’ ability to earn revenue from selling frac water and disposal services, a more lucrative revenue stream compared to raising cattle.

As China’s demand for light oil products continues to drive incremental consumption growth, it is becoming apparent that commodities framed as “oil products” are increasingly not actually made from crude oil. Fellow Gabriel Collins explores the possible ramifications of this situation in this issue brief. He writes that oil producers — whether in Riyadh, Moscow or the Permian Basin — should take stock of how China’s growing use of “oil products” that do not actually come from crude oil may translate into effective reductions in demand and prices for the crude oil they produce.