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409 Results
Pump jacks and pipelines move oil through the desert
How Resilient Is Saudi Arabia to a Prolonged Oil Price Slump?
Though drops in oil prices stand to impact Saudi Arabia’s economic stability, the government has turned to drawing down its foreign reserves and issuing bonds to alleviate budgetary pressures and avoid drastic domestic spending cuts. Fellow for the Middle East Kristian Coates Ulrichsen writes in the Baker Institute Blog: http://bit.ly/1fKLWG9.
Kristian Coates Ulrichsen August 28, 2015
US Capitol
Medlock Testifies Before Congress
Kenneth Medlock, senior director at the Center for Energy Studies, testified before the U.S. House of Representatives’ Committee on Small Business on June 17. Medlock testified for the committee’s hearing, “Crude Intentions: The Untold Story of the Ban, the Oil Industry and America’s Small Businesses.” He discussed the latest CES study, “To Lift or Not to Lift? The U.S. Crude Oil Export Ban: Implications for Price and Energy Security,” which analyzes the economic and energy security impacts of the 40-year-old ban on oil exports.
Kenneth B. Medlock III June 17, 2015
Satellite image of Persian Gulf
Revamping Energy Policy in Saudi Arabia: A View to the Future
The accession of a new king in Saudi Arabia and the kingdom’s intervention in Yemen have overshadowed important moves to reform two of the kingdom’s key institutions. Incoming King Salman has taken steps to prepare Saudi Arabia for a new generation of leaders, both within the royal family and among the world’s largest oil export sector and its marquee company, Saudi Aramco. The changes involve installing new personalities into key positions and shifting the roles of long-serving managers. "Overall, the moves ought to enhance the resilience of the kingdom and its economy by shifting leadership responsibilities to a younger generation," writes fellow Jim Krane.
Jim Krane June 9, 2015
Argentina oil flag
Latin America Initiative | Commentary
A Turning Point in Argentina’s Politics
This year marks a turning point in Argentinian politics now that Cristina Fernández de Kirchner lacks the constitutional possibility of being reelected. And with the party system fragmented as it is, no candidate has a clear victory.
March 30, 2015
To Lift or Not to Lift? The U.S. Crude Oil Export Ban: Implications for Price and Energy Security
This study examines the effects of lifting the 40-year-old U.S. crude export ban on crude pricing, energy security and energy sector investment. It includes a statistical analysis that explains what the relationship would be between the prices of crudes of different qualities in an unconstrained setting, which, according to author Ken Medlock, is important to providing a more accurate assessment of the impact of current U.S. policy.
Kenneth B. Medlock III March 24, 2015