The mix of good short-term prospects for oil revenues along with long-term market uncertainties has a clear policy implication for oil-dependent Latin American economies: use the larger short-term revenues to diversify their economies, nonresident fellow José Antonio Ocampo writes in a new issue brief.
The sharing economy — an industry that includes a number of mostly online enterprises such as Uber and Airbnb that match service providers with clients — poses sweeping legal, commercial and social challenges. Fellow Joyce Beebe analyzes key federal tax considerations for companies and workers in this growing sector.
On August 31, 2018, the Federal Energy Regulatory Commission (FERC) and Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a Memorandum of Understanding (MOU) with the shared goal of accelerating and streamlining the permit application review process for proposed LNG facilities. Fellow Rachel A. Meidl explores the significance and possible impact of this MOU.
Emerging scholarship on economic and sustainable development in the Gulf is presented in this report, which is the result of a workshop in London organized by the Baker Institute and Chatham House. The work is part of a two-year project on "Building Pluralistic and Inclusive States Post-Arab Spring" funded by the Carnegie Corporation.
The author examines the key challenges and opportunities of integrating climate policies with Gulf Cooperation Council economic diversification strategies, particularly in Oman and the United Arab Emirates.
The list of 13 demands presented in June 2017 by Bahrain, Egypt, Saudi Arabia and the United Arab Emirates suggests a supremely ambitious set of goals behind their embargo of Qatar, including “red lines” that touch directly upon Qatari sovereignty and that Doha will almost certainly reject. The stage is thus set for a contest of endurance, one that with every passing month looks more likely to result in favor of Qatar, writes fellow Gabriel Collins in this brief.
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.
The authors present a vision for enhancing the efficiency and resiliency of urban water systems and discuss ways to overcome associated implementation challenges. Environmental Science & Technology: https://bit.ly/2O2I6wD.
Regina M. Buono, Katherine R. Zodrow, Pedro AlvarezJuly 25, 2017
Larger trucks and SUVs with powerful, high-displacement engines are the low-hanging fruit for any policymaker seeking the most efficient path to reducing gasoline use and the associated emissions.
Broad collaborative action between the government, industry, municipalities and other stakeholders is necessary to enable the beneficial use of non-fresh water, especially produced water from oil and gas production.
