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.
The authors investigate two plausible causes for the significant price discount of U.S. crudes during the U.S. “shale boom” and evaluate how much each mattered.
This paper analyzes the possible impact of Mexico’s energy reform on the country’s environment, as well as the challenges to preserving natural resources and access to water while also supporting the expanding oil and gas sector.
The results of a study conducted by the authors show that unconventional oil and gas development is a job creator at the state level. This document summarizes a report on these results published by Energy Economics.
Mark Agerton, Peter R. Hartley, Kenneth B. Medlock III, Ted Loch-TemzelidesJanuary 17, 2017
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.
Gabriel Collins, Kenneth B. Medlock IIIJanuary 17, 2017
Although the energy challenge is significant and requires a long-term view to be successfully addressed, long-term goals can be sustainably achieved through fundamental research and development.
This paper analyzes access to water in Mexico in the context of the country’s energy reform, including social conflicts that may arise from opposing environmental and energy priorities.
Alejandro Posadas, Regina M. BuonoDecember 13, 2016
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.
U.S. policy should facilitate and support investment in Latin America’s oil and gas sectors, which would contribute to energy security and support economic integration with Mexico and Latin America, writes fellow Francisco J. Monaldi.