Research Library

A combination of factors is encouraging Saudi Arabia to consider raising crude oil production capacity beyond the current ceiling of 12.5 million barrels per day. However, an increase in Saudi crude oil production would have consequences for markets and competing forms of energy, as well as for the kingdom's geopolitical stature, writes fellow Jim Krane in an article for Energy Policy.

Fellows Gabriel Collins and Jim Krane argue in this issue brief that despite changes in U.S.-Persian Gulf trade relations, the U.S. retains an enduring interest in preserving political stability and securing oil flows from the region.

OPEC may opt to continue or deepen its oil production cuts at its upcoming May meeting, as a growing number of highly efficient U.S. shale operators now appears able to maintain oil production — and even expand it — at prices that likely are unsustainably low for many major exporters’ national budgets, writes energy fellow Gabriel Collins.

This compilation of briefs addresses a range of issues the new administration will face in the coming years.  “It is our hope that these Baker Institute studies will prove to be useful starting points for the new administration to develop comprehensive, forward-looking solutions," said Baker Institute Director Edward Djerejian.

The oil production targets agreed to at the November 30, 2016, OPEC meeting have created the firmest prospect in the past two years of a meaningful oil price recovery. If WTI prices rise and stabilize in the $60/bbl range, how fast can U.S. shale producers respond? This brief addresses the question and highlights the challenges U.S. unconventional liquids producers will likely face during a scale-up. It also points out price and timing inflection points likely to broadly influence industry decision-making.

Despite many differences, the United States and Saudi Arabia maintain important mutual interests. Fellow Jim Krane explains why rebuilding ties with Saudi Arabia could incentivize the kingdom to place more importance on U.S. goals.

This paper presents a simple dynamic growth model of investment, consumption, passive military spending, and active military spending for an oil-exporting country. It argues that under conditions of significant geopolitical strife, a country might engage in a military conflict of limited scope and extent to drive up oil prices and revenues.

This paper discusses the shortcomings of the narrow Egypt and Saudi Arabia Visions 2030 and argues for a comprehensive framework for regional economic integration, wherein each country’s vision is harmonized with those of its neighbors.

A new generation is taking office in the Gulf as a cadre of ambitious, young ruling family members and technocrats have emerged in Qatar, Saudi Arabia and the United Arab Emirates. In this journal article, fellow Kristian Coates Ulrichsen analyzes the challenges facing this generation in light of the recent collapse in world oil prices.

This paper analyzes the political and economic implications of the various measures Gulf States have taken in response to the fall in oil prices and government revenues and offers recommendations for sustainable economic reforms.