Research Library

Mark Finley explains the cost-benefit analysis behind the Saudi government's recent move to pause plans to increase spare oil production capacity — and why spare capacity still equates to power in the oil market.

OPEC+ cuts — including additional voluntary cuts, most importantly by Saudi Arabia — look set to significantly tighten the oil market this year.

When the OPEC+ group met last week and agreed to extend production cuts through the first quarter of 2024, the market was unimpressed. Fellow in Energy and Global Oil, Mark Finley, outlines the meeting’s outcomes and discusses why the recent agreement “could augur a year of difficult meetings ahead” in a new commentary.

The surprise attack on Israel by the militant group Hamas has raised a number of critical questions related to geopolitics, aid, energy, and other global affairs. Baker Institute fellows and scholars are continuing to provide expert analysis on the conflict.

Convening war rooms, planning speedy bailouts and raising "house-on-fire" alarm bells: Those are a few of the ways the biggest banks and financial regulators are preparing for a potential default on U.S. debt.

In 2022, the nation faced fundamental questions about how we govern our economy and society — particularly how we formulate public policy. Here, we share 10 highlights of our work that illustrate our impact from the previous year.

Despite U.S. officials’ attempts to persuade Mexican President Andrés Manuel López Obrador to change course on his energy policy, which violates key provisions of the USMCA, his administration has not backed down, the authors write. They explain where the disputes between the U.S. and Mexico currently stand and what they mean for other aspects of the binational relationship.

Mark Finley reviews the 2022 edition of the bp Statistical Review of World Energy.