By Felipe Corral Montoya, Chiara Lo Prete, Juan Rosellón and Paola Yanguas Parra

Introduction

Latin America is endowed…

The authors' analysis shows consumer responses to changing energy prices are linked to their income levels. The study can help policymakers analyze household welfare when implementing fiscal or energy reforms.

The author examines Saudi Arabia's climate strategy as part of an Oxford Institute for Energy Studies report on economic diversification in the MENA.

A series of converging trends provided political cover for reforms of long-standing energy subsidies launched by oil-exporting states in the Middle East and North Africa, but the new policies appear to be designed to update — rather than jettison — rent-based autocratic governance.

The United States appears less exposed to geopolitical risks affecting its oil supply than at any time since the early 1970s due to fracking, climate change and a more diverse energy supply, according to research by energy fellow Jim Krane and Kenneth B. Medlock, senior director of the Center for Energy Studies.